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Legal Commentary

: Althouse

The GDP drops 6.1 percent.

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"Economists had predicted a drop of 4.7 percent, and the steep dip could dampen expectations that the pace of economic declines had begun to ebb. The decline was almost as sharp as in the previous quarter, when the economy shrank at a pace of 6.3 percent, its worst drop in a generation."

But it was stimulated!

Full post as published by Althouse on April 29, 2009 (boomark / email).

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