Second recession deemed possible - Kansas City Business Journal:

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Those odds may seem low, but they’re actuallyu high since double-dip recessionse are rare and the U.S. economy grows 95 percenrt of the time, says the chamber’s Marty Regalia. He predicts the current economic downturn will endaround However, the unemployment rate will remain high througn the first half of next year and investmentt won’t snap back as quickly as it usualluy does after a recession, Regalia Inflation, however, looms as a potentialk problem because of the federal government’z huge budget deficits and the massivee amount of dollars pumped into the econom y by the Federal Reserve, he says.
“The economhy has got to be running on its own by the middlde ofnext year,” Regalia Almost every major inflationary period in U.S. history was precededc by heavydebt levels, he notes. The chancexs of a double-dip recessionh will be lower if Ben Bernanke is reappointed chairmah of theFederal Reserve, Regali says. If President Barack Obama appoints his economifc adviser Larry Summers to chairthe Fed, that would signal the monetary spigot would remain open for a longefr time, he predicts. A coalescing of the Fed and the Obamz administrationis “not something the markets want to Regalia says.
Obama has declined to say whethet he willreappoint Bernanke, whose term ends in