Archive for December 22nd, 2009

Recovery Realities.

So today we learned that the “recovery” wasn’t quite as strong as we originally supposed. In fact, when you dig through the numbers it didn’t amount to much at all. First, the facts. Third quarter GDP growth was downgraded from 3.5% (the initial estimate) to 2.2%, the current estimate. In between, it temporarily was placed [...]

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