Thursday, April 28, 2011

Bad news on economy


I hope this will not be a "lost decade, a la Japan.

6 comments:

  1. Did reduced government spending play a role in this?

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  2. Stimulus spending dying down and the billions in cuts made this quarter through CRs.

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  3. You mean the phantom "cuts" made within the last month? That would be very fast effect.

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  4. I'm talking more about the $12 or however many billion before the rest of 2011 CR, and the fact that all stimulus funded projects are winding down. But I was asking a question, not presenting the spending argument as fact, TJE.

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  5. http://online.wsj.com/article/SB10001424052748704463804576290943139855726.html?mod=WSJ_Opinion_LEADTop

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