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Monday, March 17, 2008

 

So, are you better off than 8 years ago?

By VictorM:

When George Bush took over as president, he inherited an economy that was slowing down. He pushed it into a recession by characterizing the situation as a recession -- it wasn't at the time -- because he wanted a reason to push through his incestuous tax cuts for the rich. What will he leave for the next president? Alan Greenspan has a projection:

The current crisis rocking the markets and global economy could turn out to be the worst since World War II, former US Federal Reserve chairman Alan Greenspan said in remarks published Monday.

Permalink| Posted @ 10:32 AM |

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