Tuesday, December 26, 2006

Bad Economic News

I'm seeing several signs of an economic slowdown. This year's holiday retail sales were a bit disappointing. Big budget cuts won't help. Cutting the budget during a recession can turn a recession into a depression. Ask Herbert Hoover.
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1 comment:

Anonymous said...

Haven't seen Mr Hoover since he died, quess I will have to check with someone else.

10:55 PM

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