Are we headed for a recession?

[Stinger]

That's a good point. I'd be interested to see if people are switching from traditional investment plans, such as stocks or money market accounts, to government regulated savings plans such as 401k's and IRA's. If so, it could mean that the government will have an even larger investment in the nation's economy, which isn't all that bad.

Well IRA's and 401K's ARE stocks, bonds and money markets. While the government does set some arcane requirements on what money and how much of it can be put into these tax free accoutns the government does not "regulate" the money, the individual does. And government investing in the private market WOULD BE very bad.

 

[Stinger]

Actually the lower unemployment will not pressure wages to rise. As far as welfare, well during the last too economic booms the Democrats wanted to INCREASE welfare.

TYPO ALERT

Meant to say the the lower unemployment rate will pressure wages to rise which is always a lagging number for the economy.