| UC of Berkley Professor Rosen said there is about a 20 percent chance that the myriad government stimulus efforts will upgrade the recession from "deep" to "moderate" by the second half of this year, but also a 10 percent likelihood the economy could slip into outright depression. That would mean an unemployment rate of 15 percent or more and another 20 percent drop in home prices. |
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.
