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Barone: NY-26 Proves Republicans Have To Go On The Offensive Against MediScare Campaign »
May 25, 2011
Double Dip Ahead?
I have to point out most economists do not predict this. They predict small growth and lingering pain, but not a further retraction.
Yid with Lid sees it differently. And he thinks the "straw that broke the camel's back" is that commodity whose prices Obama used to be all in favor of escalation -- oil.
And if this is true?
Well it means at least another two years of deep recession and grinding unemployment. It also means the likelihood of Obama's reelection drops somewhere below 30%.
Via Melissa Tweets.