Economics 101

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Mar 122009
 
Recession is when your neighbor loses his job.


Depression is when you lose yours.

And recovery is when Obama loses his.

Obama and Geithner Receive Failing Grades From Economists

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Mar 122009
 

Obviously these economists are racists!

Obama, Geithner Get Low Grades From Economists

U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the economy from participants in the latest Wall Street Journal forecasting survey.

On average, they gave the president a grade of 59 out of 100, and although there was a broad range of marks, 42% of respondents rated Mr. Obama below 60. Mr. Geithner received an average grade of 51. Federal Reserve Chairman Ben Bernanke scored better, with an average 71.

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Quote Of The Day

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Mar 122009
 

In a stunning announcement, Citigroup showed a profit and had its best quarter since 2007. They made $8 billion dollars in profit.

That just shows you: If you give a company $45 billion in government bailout money, they’ll show you how to turn it into $8 billion in profit. ~ Jay Leno

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