Is the US Economy Automated?

David Frum: It looks to me like we're headed for a double-dip recession. He says the Fed basically said that would be just marginally positive next quarter, so it would bounce back to slightly positive growth on a real basis. But then expect it to go negative again and recession once all these interest rates kick in he says. Frum: The bad news is I think that it's going to be a really tough, sticky time for the US consumer probably over the next 18 months.