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View Diary: Breaking: BLS, Fed, BEA, et al "Overstate Strength of Economy" (289 comments)

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  •  A couple months ago, when it looked like.. (5+ / 0-)

    ...HCR was doomed, I predicted the enormous jump in health care rates, along with the rising unemployment and the lack of any real job surge on the horizon would combine with a disastrous holiday shopping season to snowball into full scale economic collapse in January 30-40% unemployment by April 1, 2010.

    A lot of people laughed at me.  Once I'd calmed down, I even laughed at myself, especially given the few positive signs that were beginning to emerge.  Granted, there still weren't a lot of jobs out there, but I figured such strengthening as was going on would ensure that where we are now was the floor.

    Now, I'm not so sure.  I think I'll revive my old, quasi-hysterical prediction.

    "Raybin is not a lying maniac. I've found this person to be an extremely clever and devious lying conartist, but never a maniac."--RElland on Daily Kos

    by Raybin on Mon Nov 09, 2009 at 06:03:03 AM PST

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