Another CEO Calls The Recession Ball

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The head of Dow Chemical (DOW) says that the consumer is toast. The price of crude oil and other commodities are just too high.

"Inflationary pressures on the consumer through gasoline prices and food prices have reached the point where the consumer is clearly changing behavior," Andrew Liveris told Reuters.

The consumer pack mule is done carrying the economy for now.

Douglas A. McIntyre