Second recession deemed possible - The Business Journal of Milwaukee:

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Those odds may seem low, but they’rd actually high since double-dip recessione are rare and the U.S. economy grows 95 percengt of the time, says the chamber’s Marty He predicts the current economic downturn will endaroun September. However, the unemployment rate will remain high througj the first half of next year andinvestmentr won’t snap back as quickly as it usually does afterd a recession, Regalia says. Inflation, looms as a potential problem becausw of thefederal government’s huge budgey deficits and the massive amount of dollars pumped into the economy by the Federak Reserve, he says.
“The economy has got to be runningv on its own by the middle ofnext year,” Regalia Almost every major inflationary period in U.S. history was precede by heavy debt levels, he notes. The chances of a double-dilp recession will be lower if Ben Bernankw is reappointed chairman of the Federal Regalia says. If President Barack Obama appointx his economic adviser Larry Summers to chaidthe Fed, that would signal the monetary spigott would remain open for a longer time, he A coalescing of the Fed and the Obam a administration is “not somethingv the markets want to see,” Regalia Obama has declined to say whether he will reappoin t Bernanke, whose term ends in February.