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Politics : View from the Center and Left

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To: Dale Baker who wrote (105237)3/1/2009 5:08:33 PM
From: quehubo  Read Replies (2) of 540990
 
Yes really balanced. Like the war in Iraq was a large factor with oil prices over the last 8 years.

Perhaps the war in Iraq drove up all commodities?

How does he know the Bush tax cuts did not stimulate the economy? What would the economy have been otherwise?

Overleverage by financial institutions and the american consumer seems to be the primary cause. Greenspan provided too much fuel and no one in government was ready to force the reduction of leverage.

Roads around here are dead, I dont know where all the gasoline is getting consumed because I doubt there is much spending on at the retail stores.
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