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How low can they go?
A new survey of economists out today chopped forecasts for 2008 economic growth for a third straight month. The Blue Chip Economic Indicators newsletter says the latest consensus is a 2.4 percent gain next year. That's down from a 2.6 projection from last month, and a 2.8 expansion in August. You get the idea. Economists blame the housing slump, saying it's going to be deeper and last longer than first expected.
Posted on October 10, 2007 6:36 AM PT | Permalink
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Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
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