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actions bona chances confidence cut demand directly downward edge growth impact increased indirectly job lay losses negative newly odds perhaps quarter recession spending spiral tend
With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. Bill Cheney
truth hideous
The truth--a hideous spectacle! Conrad Aiken
truth honesty lying
Honesty consists of the unwillingness to lie to others; maturity, which is equally hard to attain, consists of the unwillingness to lie to oneself. Sydney J. Harris
truth mistake believe
Ignorance is preferable to error, and he is less remote from the truth who believes nothing than he who believes what is wrong. Thomas Jefferson
truth halloween opinion
Popular opinions, on subjects not palpable to sense, are often true, but seldom or never the whole truth. John Stuart Mill
truth disillusionment
Disillusionment is not truth. Mason Cooley
truth power errors
Errors are more numerous than truths, but fortunately too divided among themselves to take power. Mason Cooley
truth phantoms truth-is
Truth is a necessary phantom. Mason Cooley
truth want bathroom
Birth dates and bathroom scales tell more truth than I want to know. Mason Cooley
truth suits cases
Somehow even a popular fallacy has an aspect of truth when it suits one's own case. Margaret Oliphant