(NPR) Double Dip: Is U.S. Headed For Another Recession?

The U.S. economy is already skirting the razor’s edge that separates recession from recovery.

“There is no emerging source of demand that’s going to lead us to a surge of growth,” says Lawrence Mishel, president of the Economic Policy Institute.

He says no one is spending money enough to help the economy expand ”” not consumers, not businesses and not government.

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Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Psychology, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government