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To: patron_anejo_por_favor who wrote (263667)	7/23/2010 7:29:36 PM
From: DebtBomb	Respond to of 306849

Bullish....so is recession. ;-) The clock is ticking.

To: patron_anejo_por_favor who wrote (263667)	7/23/2010 7:37:37 PM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

You know how bullish their forcasts are: White House: Unemployment at 9% until 2012 New York (CNNMoney.com) - The White House said Friday it expects that unemployment will stay at or above 9% until 2012, but at the same time forecast that the economy will grow by at least 4% in 2011 and 2012. It also revised its long-term deficit estimate under President Obama's proposed 2011 budget: The administration now believes the 10-year deficit will be $58 billion less than projected in February when the budget blueprint was first released. Under the revised estimates, Uncle Sam will ring up $8.474 trillion in deficits between 2011 and 2020, down from the $8.532 trillion estimated in February. In the near-term, the administration expects the 2010 deficit to come in at $1.47 trillion - slightly lower than originally forecast - while the 2011 and 2012 deficits will come in somewhat higher. politicalticker.blogs.cnn.com