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To: Starboard

Yes. Love this Obama covering paragraph-—

“The decline in orders for both durable and capital goods suggested manufacturing will probably not bounce back as quickly as many economists had expected after hitting a speed bump early in the year.”

How many “speed bumps” have there been in the last four and a half years?


3 posted on 08/26/2013 6:10:21 AM PDT by John W (Viva Cristo Rey!)
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To: John W

Meanwhile, the US national debt marches inexorably upward toward $17 Trillion. We should “arrive” at that number sometime next month. Unfrotunately there are no speed bumps on this road.

Someone recently described the US economy as being in a “stealth depression”. Pretty good description.


7 posted on 08/26/2013 6:20:50 AM PDT by Starboard
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To: John W

I’m still trying to figure out how many dips we’ve had. At one point economists were worried about a double dip. That came and went. I think we’re up to a sextuple dip or beyond now.

We need a cheer leading alert for the admin sycophants to tell us it isn’t as bad, still, as we think.


9 posted on 08/26/2013 6:21:05 AM PDT by meatloaf
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