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Politics : President Barack Obama

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To: manalagi who wrote (97165)7/18/2011 11:17:32 AM
From: ChinuSFO  Read Replies (1) of 149317
 
Goldman Sachs, which just six months ago forecast a stronger-than-expected recovery, has downgraded its prediction, saying economic growth will slow to a snail-like 1.5 percent in the second quarter of 2011, and 2.5 percent in the third.....

I would have expected the Republican house majority to hasten the pace of the recovery which picked up steam between 2008 to 2010. Unfortunately, after gaining the majority in the House, they put a damper to people getting jobs. Notice the upward creep in unemployment since their ascendency to power in the House.

This is ammo for Obama's campaign.
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