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Monitor Breakfast: Moody's Mark Zandi

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Previous FORAtv comments:
balthazarF Avatar
balthazarF
Posted: 08.29.10, 12:52 PM
The Message: American labor must compete in the world market. America's Democracy No savings nor home Legislated poverty Entitles the rich American labor, get ready for $2/day.
Alikar Avatar
Alikar
Posted: 08.27.10, 10:00 PM
Quote: Originally Posted by Fora2 The reason the economy is slowing now is because the stimulus has run out. It needs to be renewed and then tapered down slowly. The housing and mortgage markets have at least another year before they will pick up. Variable interest rates are still being reset causing new foreclosures and commercial real estate is just beginning its spiral down which will bankrupt many smaller community banks. You realize that most of the stimulus is being spent now? Funny how that hasn't had any real effect. See this: Stimulus Timeline. It has not even been half spent yet. So yeah, perhaps check facts first before blathering on about needing more money. What are you? A member of a teachers union perhaps?
Fora2 Avatar
Fora2
Posted: 08.26.10, 08:11 AM
The reason the economy is slowing now is because the stimulus has run out. It needs to be renewed and then tapered down slowly. The housing and mortgage markets have at least another year before they will pick up. Variable interest rates are still being reset causing new foreclosures and commercial real estate is just beginning its spiral down which will bankrupt many smaller community banks.
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