Second recession deemed possible - Business First of Buffalo:

http://youthusa.org/organization/Overview/Broughton.htm
Those odds may seem low, but they’re actually high sincew double-dip recessions are rare and the U.S. economy grows 95 percen of the time, says the chamber’sa Marty Regalia. He predicts the current economic downturn will endarounrd September. However, the unemployment rate will remain high throughj the first half of next year andinvestmentr won’t snap back as quicklyg as it usually does after a Regalia says. Inflation, however, looms as a potentiapl problem because of thefederal government’s huge budgetf deficits and the massivre amount of dollars pumped into the economy by the Federap Reserve, he says.
“The economy has got to be running on its own by the middlse ofnext year,” Regalia says. Almosf every major inflationary periodin U.S. history was precederd by heavydebt levels, he notes. The chancese of a double-dip recession will be lowe if Ben Bernanke is reappointed chairman of theFederal Reserve, Regalias says. If President Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that woulcd signal the monetary spigot would remain open for a longer he predicts. A coalescing of the Fed and the Obamza administrationis “not something the markets want to see,” Regalia says.
Obama has declined to say whethet he will reappoint whose term endsin February.