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Double dip recession or just a continuance of the depression we are in?

Original post made by Einstein, Mohr Elementary School, on Aug 16, 2010

This is an interesting article or should I say a predictor of what is coming. I for one do not believe we have started out of the first recession yet but rather believe we are in the 2nd year of a depression. Politicans do not like to use the word depression because saying recession makes people feel better. We should immediately go to a flat tax of say 20% for every household in order to put money back into the hands of the people who earned it so that they can increase consumer spending and stimulate our economy. 20% and no exception regardless of how much you make or how many write offs you have.

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Posted by Linda
a resident of Downtown
on Aug 16, 2010 at 6:22 pm

I agree with you Einstein, unless something is done and quick then we are in real trouble. Obama is a disaster and will be a bigger one in the future if that is possible.

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