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Peter Hooper on the Economic Outlook

What a clown. So sick of this,"We may already be in a recession", most of us with our feet on the ground have seen recession since Nov.
As far as the tax credits increasing spending, mine is going to pay for a vacation I just took. I'll bet a high percentage of these checks will go towards paying for previous consumption and provide virtually no new stimulus. These economists need to stop plugging numbers into their precious models, and look at reality.