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This doesn't say anything we don't already know, but it's one of the rare articles that doesn't paint things with a varnish of glowing BS. Some of the comments in the article are fairly blunt about what inflation is doing to the economy.
1 posted on 03/28/2011 7:52:02 AM PDT by Free Vulcan
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To: Free Vulcan

Captain Obvious explains Economics!


43 posted on 03/28/2011 1:39:39 PM PDT by DannyTN
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To: Free Vulcan

Both being retired, with gov SS pensions, IRA pension and military retired pension and no hope of pay raises on two of those, we have cut back about as far as we can. I think if I cut off the power, dump the water company, disconnect the phone, quit eating, quit paying my house payment and taxes, then we might break even this year. Otherwise, we are gonna have a few problems.


48 posted on 03/28/2011 2:30:16 PM PDT by RetiredArmy (The Lord Said It and I Believe it. Read your Bible. These are the end time events.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...

Thanks Free Vulcan. OPEC’s fault.


51 posted on 03/28/2011 4:02:38 PM PDT by SunkenCiv (Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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To: Free Vulcan

And its a vicious cycle. Folks are cutting back everywhere they can... fewer dinners out, cutting back on phones, tv programming, movies, vacations, and everything else that can be cut. This of course hurts people selling stuff... and the cycle continues.


54 posted on 03/28/2011 4:10:05 PM PDT by Cementjungle
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To: Free Vulcan
starting to take some of the steam out of the economy

They've basically banned coal, then oil, and working on nuclear, steam was our last hope!

55 posted on 03/28/2011 4:10:30 PM PDT by SouthTexas (Tea time!)
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To: Free Vulcan
Did anyone else hear ABC radio news report incomes had risen and inflation was kept in check? I was surprised by that report given the feel of things. And now I read this and the actual data? This media machine is a real peach.
Al-ABC.....
62 posted on 03/28/2011 6:52:58 PM PDT by carolinacrazy (Bow to your sensei.... BOW TO YOUR SENSEI...... www.jackassdemocrats.com)
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To: Free Vulcan

As tough as it is for so many of us, I must admit I am enjoying the suffering of the commie morons who voted for this THING in the White Hut.


95 posted on 03/29/2011 3:24:53 PM PDT by ratsreek
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To: Free Vulcan

109 posted on 04/01/2011 9:56:48 AM PDT by dfwgator
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