We are going to get "the sky is falling" type economic news like this until the election. I recall during the election cycle we had dire economic news every day until the election; then, in the days following, everything was hunky-dory.
That alone makes me hope that Obama doesn't get elected. Because of course, everything will be blue skies and sunshine in our economic reports.
Really; I'd rather be ignorant than lied to.
I am sure that the nation is in a precarious financial situation, but that is because thrift is countercultural.
2/26/08
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