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To: CindyDawg

I take issue with the 15th month of a recession. At this time last year the stock market was well on its way to 14,000, the GDP was NOT negative, and we had less than 5% unemployment. Hardly a recession.


10 posted on 03/09/2009 4:16:30 PM PDT by Right Cal Gal (Abraham Lincoln would have let Berkeley leave the Union without a fight)
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To: Right Cal Gal

I think we were receding because of high oil prices at the time. IMHO the record high energy prices was the mechanism that pushed the foreclosure crisis off of the cliff.


31 posted on 03/09/2009 4:42:22 PM PDT by Thunder90
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To: Right Cal Gal

You’re right, of course. Love how they try to slip in these zingers to cover Zero!


60 posted on 03/09/2009 7:42:44 PM PDT by packrat35 (You could make a fortune as a politician if you have the moral standards of a convicted pedophile)
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