![](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/CNNSoledadEconomy.jpg\"\/)
RUSH: They\u2019re getting worried over at CNN. They can\u2019t hide this anymore. They can\u2019t pretend that we\u2019re in some kind of “recovery” here. This is this morning on Starting Point. That\u2019s the Soledad O\u2019Brien show. She had on the business and economics correspondent, Christine Romans, and they had a chat about the economy.<\/p>\n
O\u2019BRIEN: Rattled nerves sending the markets around the world lower, triggering fears of a double-dip recession right here in the United States after Moody\u2019s downgraded 15 of the world\u2019s biggest banks.<\/p>\n
ROMANS: It was a really ugly day.<\/p>\n
O\u2019BRIEN: Yes, it was.<\/p>\n
ROMANS: The second worst day for stocks in the country this year. When you have people worried, talking about a slowing global economy and what that\u2019s gonna mean for banks, it just caused all kinds of concern. We\u2019ve got contagion from Europe we\u2019re concerned about. We\u2019re worried about slowing numbers from China, from Europe — from Germany in particular. Uh, we had all kinds of macroeconomic data yesterday that was starting to show what many people have feared: That the global economy is slowing down. When it slows down, that means American factories are selling fewer things. It means American business owners are not hiring people because they\u2019re worried about the global slowdown. It starts to feed on itself.<\/p>\n
So after hearing that, Soledad O\u2019Brien is scared to death. She wants to know if this means that we are headed for a double dipper.<\/p>\n
O\u00c2\u2019BRIEN: Does that mean then, yes, a double-dip recession?<\/p>\n
ROMANS: We can\u2019t say right now there will be a double-dip recession. We just know that growth is slowing around the world and that is the big fear. We\u00c2\u2019ve got other things going on, the fiscal cliff is looming, debt ceiling stuff that\u00c2\u2019s going to be coming up, political problems around the world. When there\u2019s prosperity, politics is not quite so dangerous. But when you don\u2019t have prosperity, the politics become that much more important. So many things to worry about. I can make a list of all these things to worry about and maybe two things you don\u2019t have to worry about. So that\u2019s where we are in the middle of the summer.<\/p>\n
RUSH: They\u2019re not happy, folks. They\u2019re very concerned, very concerned. That\u2019s CNN. Double-dip recession. What happened to the recovery talk?<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: They\u2019re getting worried over at CNN. They can\u2019t hide this anymore. They can\u2019t pretend that we\u2019re in some kind of “recovery” here. This is this morning on Starting Point. That\u2019s the Soledad O\u2019Brien show. She had on the business and economics correspondent, Christine Romans, and they had a chat about the economy. O\u2019BRIEN: Rattled […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\n