Tuesday, February 3, 2009

Recession Due To Poor Economy: Study



The results of a much anticipated 30 million dollar study that took six months and included nearly 200,000 surveys have been released. The findings, which were detailed in a press release late Tuesday, points to a poor economy as the fundamental cause of the recession. The conclusion is based on money playing a key role in spending, and a lack of spending playing a key role in the recession. The recession, which most agree is due to a shortage of money, would not be occurring if the economy was healthy and thriving. The study also found that businesses are not doing well. This, they add, ties into the lack of spending, the shortage of money and the poor economy in general.

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