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Old 04-14-2011, 07:04 AM
 
Location: Raleigh, NC
20,054 posts, read 18,293,964 times
Reputation: 3826

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Simple solution: just downgrade to Grade F meat, white rice and wonder bread.

News Headlines (http://www.cnbc.com/id/42586453 - broken link)

(In before "I want the economy to fail")
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Old 04-14-2011, 08:14 AM
 
29,981 posts, read 42,953,749 times
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This shouldn't surprise anyone who was paying attention the last time gas made $4.50/gallon. If it goes as high as some predict there will be a major economic retraction.

Last edited by lifelongMOgal; 04-14-2011 at 08:27 AM.. Reason: typo
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Old 04-14-2011, 08:31 AM
 
2,514 posts, read 1,988,168 times
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Quote:
Originally Posted by summers73 View Post
Simple solution: just downgrade to Grade F meat, white rice and wonder bread.

News Headlines (http://www.cnbc.com/id/42586453 - broken link)

(In before "I want the economy to fail")
Simpler solution up the debt limit and give the “new money” out to everyone. Do enough of this and the unemployment rate will drop to a real 5%.

Quote:
Originally Posted by lifelongMOgal View Post
This shouldn't surprise anyone who was paying attention the last time gas made $0.50/gallon. If it goes as high as some predict there will be a major economic retraction.
You said it we need to replace the money that was taken out of the economy by the gas price hike.

So why were the economist not predicting this contraction? It was common knowledge that it was coming and no surprise to us so why were they surprised?
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