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story.lead_photo.caption State economic forecaster Michael Pakko gives his assessment of Arkansas on Thursday in Little Rock. - Photo by Staton Breidenthal

The economic recession will set the Arkansas economy back four years by some major measures, said Michael Pakko, the state’s economic forecaster.

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Business, Pages 27 on 10/30/2009

Print Headline: State rebound to take time, says economist

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  • TheBatt
    October 30, 2009 at 9:09 a.m.

    The supposed "end of the recession" being proclaimed by authorities is a crock. Jobs still disappearing, credit for small businesses is still very tight, and consumer credit is also on lockdown. The quarterly economic numbers are artificially inflated through the first-time home buyers tax credit, an even more by the Cash4Clunkers numbers, bringing forward demand.

  • Im_Stupid_for_posting_here
    October 30, 2009 at 8:08 p.m.

    Just wait until the Tax burden hits the fan! Unkle has to take in more than he gives out to pay all the politicos in Wash D.C. and the welfare folks who don't work, just procreate!

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