In response to:

Uh Oh: Eurozone Enters Recession for Second Time Since 2009

Resist, We Much!!! Wrote: Nov 15, 2012 4:18 PM
That's what happens when you raise taxes dramatically in a fragile economy and, contrary to what you idiot Progs have been told, austerity in Europe has consisted primarily of tax rises. And, as usual, I can prove it with the FACTS from the EU, the IMF, the World Bank, and the very damn data from the governments. One of these days, you'll stop drinking The Ferret's kook-aid.
Learning_Community_Party Wrote: Nov 15, 2012 4:21 PM
You understand that Europe has had an economy for thousands of years more than the US.
Henry VIII Wrote: Nov 15, 2012 4:24 PM
What has that to do with sound economics?
Buck O Wrote: Nov 15, 2012 4:28 PM
How could that comment possibly be relevant? It is a comment, isn't it? Because it doesn't have a question mark.
Resist, We Much!!! Wrote: Nov 15, 2012 4:31 PM
Yes. And, do you understand that I am talking about the EUROPEAN UNION and the EURO crisis, neither of which has existed for thousands of years? Do you also understand that I happen to know a helluva lot more about the situation than do you?

Who's up for one more piece of worrisome economic news today?  Katie's already caught you up to speed on the dramatic increase in weekly jobless claims (we'll need to see some additional post-Sandy data points to determine if this is a trend or an outlier), and Kevin ran through some of the basic figures behind our impending fiscal cliff.  Let's hop across the pond to open door number three:

The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and...