"How to Kill a Recovery" - Paul Krugman

The clear and present danger to recovery, however, comes from politics — specifically, the demand from House Republicans that the government immediately slash spending on infant nutrition, disease control, clean water and more. Quite aside from their negative long-run consequences, these cuts would lead, directly and indirectly, to the elimination of hundreds of thousands of jobs — and this could short-circuit the virtuous circle of rising incomes and improving finances

jmainframe wrote:Wanna kill a recovery? Have those greedy speculators raise crude oil prices to $200 a barrel, and keep it there for about 30 days, like they're trying to do now!