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Monday, June 07, 2010

**[investwise]** Consumer Metrics Signaling A Slow Train Coming (100606)

 


"I continue to be very worried about the large negative contribution to growth that will come from Federal, state, and local governments as they cut payrolls and increase taxes. I think the combined effect looks to be close to 2% of GDP. If we are flatlining by the end of the year, such an outrageous tax increase will shove us into another recession. Let there be no doubt what the cause will be...

http://www.stock-investing-software.com/commentary/articles.html?next=14350

Ian

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