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October 29, 2009

Obama shifts targets on stimulus

Now, with the economy officially out of recession by economic growth definition, the Obama Administration says, thank the stimulus bill. Well, of course. That lets the administration ignore how many or how few jobs have been created so far, how many companies are overstating job creation and more.

And with the end or ending of some stimulus items, like cash for clunkers and the housing tax credit, we may well have a “W”-shaped double recession.

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