Back to the permanent recession

Analysis at The Oil Drum suggests that $85/barrel oil puts the economy into recession.  At this hour, oil is trading above $89/barrel, and it has been hovering in the mid- to high-$80 range awhile.  Now that the census figures are trickling out, the south is poised to increase their number of Congresspeople.  Of course, that means that once state legislatures have redrawn their electoral district maps, we will see more republicans in the House.  I don’t think I need to remind anyone who stops by here (anyone? hello?) how damaging republican priorities (I wouldn’t call them policies) are to our future.