re: #679 3 wood

I think that is fairly accurate. 8% to 10% I’m thinking.

Lots of people are taking on consumer debt with the clunkers program and some of that will default. This Christmas season will be way down. Credit cards are continuing to default. Some people are running out of unemployment benefits, and jobs continue to be destroyed.

But, but we are at the beginning of the end of the recession! Just ask any Dem. Avanti, are you here?

I am by nature, as a sales person, an optimist. That said, there is no, I repeat no reason for optimism. The hurt has not struck deep enough yet, but it will. This I know. Only when the pain is deep enough in the society will a recovery take place. IMHO of course.