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1 posted on 03/31/2011 11:14:07 AM PDT by The Magical Mischief Tour
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To: The Magical Mischief Tour
But isn’t the economy growing again – by an estimated 2.5 to 2.9 percent this year? Yes, but that’s even less than peanuts. The deeper the economic hole, the faster the growth needed to get back on track. By this point we’d expect growth of 4 to 6 percent. In 1934, emerging from the deepest hole of the Great Depression, the economy grew 7.7 percent. The next year it grew over 8 percent. In 1936 it grew a whopping 14.1 percent.

Add to these data two other ominous signs:

2 posted on 03/31/2011 11:16:14 AM PDT by The Magical Mischief Tour (With The Resistance...)
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To: The Magical Mischief Tour

How many recoveries have started with increasing oil prices, increasing food prices, increasing commodity prices, and a downturn in housing?

Anyone have those numbers?

Reovery summer v 2.0 here we come!/s


3 posted on 03/31/2011 11:16:18 AM PDT by Red in Blue PA (Obama has fired more cruise missiles than any other Nobel peace prize winner.)
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To: The Magical Mischief Tour

Eventually, even the MSM will have to admit that Obama is destroying this economy. Or not.


4 posted on 03/31/2011 11:19:30 AM PDT by Spok
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To: The Magical Mischief Tour
Any Animal House fans out there? You will immediately recognize the photo! Of course I changed it a little.....hehehe

Photobucket
6 posted on 03/31/2011 11:20:28 AM PDT by NWFLConservative
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To: The Magical Mischief Tour

Robert Reich, the little Clintonista pipsqueak? Doesn’t sound too happy with the current way of things. Hmm... wonder if he and Hillary have something up their sleeves.


8 posted on 03/31/2011 11:22:12 AM PDT by workerbee (We're not scared, Maobama -- we're pissed off!)
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To: The Magical Mischief Tour

We haven’t experienced the real pain from the economic collapse. That will be brought by inflation and we’re getting some strong “whiffs” right now.


11 posted on 03/31/2011 11:24:08 AM PDT by Paraclete
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To: The Magical Mischief Tour

His analysis comes up a little short.


12 posted on 03/31/2011 11:24:24 AM PDT by ClearCase_guy
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To: The Magical Mischief Tour

So this means we will have 2 recessions in 4 years under Barack Obama’s watch with trillions more added to the debt and a massive new entitlement to fund.

If Barack Obama was a white Republican instead of a black Democrat, the liberal media would have already declared this presidency over.

I was never a fan of Bush, but Barack Obama is exponentially worse than Bush on every level, but hey, so long as Barack Obama has the votes, confidence and propaganda of the liberal media, all is rosy and Barack Obama is still the Messiah saving us from destruction, even if he is the cause of that destruction.


13 posted on 03/31/2011 11:24:58 AM PDT by radpolis (Liberals: You will never find a more wretched hive of scum and villainy)
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To: The Magical Mischief Tour

At least there is some good news embedded in this message: Robert Reich said it - so probably the opposite will happen...


15 posted on 03/31/2011 11:27:30 AM PDT by El Cid (Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
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To: The Magical Mischief Tour

Oh, sure, months and months of “recovery” and the next down-turn will be a “double-dip” so they can claim its part of the “Bush Recession”. Rubbish. I will be the Obama Recession (or Obama Depression).


16 posted on 03/31/2011 11:28:36 AM PDT by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: The Magical Mischief Tour

they can’t pass a balanced budget. They can not pay the interest on the debt without creating more debt; thus, the republic is insolvent. Nothing good can come of that.


18 posted on 03/31/2011 11:31:53 AM PDT by RC one ("merchants have no country")
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To: The Magical Mischief Tour
Why aren’t Americans being told the truth about the economy?

Because Democrats are in power.

22 posted on 03/31/2011 11:37:39 AM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: The Magical Mischief Tour
Reich has the unenviable job of badmouthing the economy without indicting the liberal policies that brought us here.

But I'm sure Hillary will compensate him fairly.

23 posted on 03/31/2011 11:38:25 AM PDT by skeeter
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To: The Magical Mischief Tour

Lat time he told us the “truth” about something it did not go down very well...

Robert Reich talking about the realities of nationalized health care
http://www.youtube.com/watch?v=IT7Y0TOBuG4


26 posted on 03/31/2011 12:10:07 PM PDT by mwilli20 (BO. Making communists proud all over the world.)
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To: The Magical Mischief Tour

If you aren’t a major player in the financial industry, you better find a way to double your income, just to break even, and that won’t last.


27 posted on 03/31/2011 12:27:55 PM PDT by pallis
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To: The Magical Mischief Tour

This is akin to Napoleon ruminating on Elba while plotting his return to power.

Robert Reich is such a character.


28 posted on 03/31/2011 12:47:02 PM PDT by JerseyHighlander
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To: The Magical Mischief Tour

29 posted on 03/31/2011 1:17:44 PM PDT by smokingfrog ( sleep with one eye open ( <o> ---)
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To: The Magical Mischief Tour

...more like a super slide than a double dip.


30 posted on 04/01/2011 12:15:59 AM PDT by familyop ("Dry land is not just our destination, it is our destiny!" --"Deacon," "Waterworld")
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