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Thursday, February 17, 2011

What the Weak Economy Needs: More People Fired

CLUB FOR GROWTH GOES FOR "BROKE"

GOP-Tea are making like busy, busy bees to lay people off.

Orange Julius actually said, "So be it", yesterday.

Just a reminder: basic economic "theory" says that you repay the costs of a recession at the top of the cycle, when things are going well, not here, with 9% unemployment and policy rates at zero and a Fed doing backflips to boost growth.