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US News

Apr 22, 2008

Bush: U.S. economy not in recession, in slowdown

President George W. Bush on Tuesday said the U.S. economy was not in a recession but was experiencing a slowdown.

"We're not in a recession, we're in a slowdown," Bush said at a news conference at the end of a two-day summit with Canadian Prime Minister Stephen Harper and Mexican President Felipe Calderon.

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“I Hope The "CHANGE" Is Good!!!”

Joined: Jul 11, 2007

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Earth

ISP: Atlanta, GA

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#1
Apr 22, 2008
 

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denial, such a common trait amongst his kind
gilmore

Saint Louis, MO

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#2
Apr 22, 2008
 

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I cannot wait for this idiot to get out of office. Of course, the current alternatives are likely to be worse which is hard to believe. I think it just demonstrates that we are slowly becoming the late, great United States of America when the best we can do is come up with the likes of Clinton, Obama and McCain.

“A HEAD RINGS OUT”

Joined: Oct 13, 2007

Comments: 5416

A Modern Alchemist

ISP: Omaha, NE

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#3
Apr 22, 2008
 

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Bush really isn't a moron, his mind is just slowed down.
no vote

Nebo, NC

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#4
Apr 22, 2008
 

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what a A hole !! no one is so blind as the one that refuse to see..
Lance Winslow

San Lorenzo, CA

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#5
Apr 22, 2008
 

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Bush is still in the Big Lie mode of dealing with this economy.

Joined: Sep 29, 2007

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Albuquerque, NM

ISP: Albuquerque, NM

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#6
Apr 22, 2008
 

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What a foolish remark. What is the difference between recession and slowdown?
Guess Who

Henderson, NV

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#7
Apr 22, 2008
 

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Was reading abouth the City built under mexico called Tenochitilan. The lenepe of Delaware said the manito caused the flood and I noticed there is a place called El Manati- humanity-japanese. right above the Isthmus of Tehuantepec. Many of the people of this area were wiped out by poxes and disease brought in by who knows who....I just recently found a worm-parasite in the water that had what looks like a blister on both ends.Where did that come from? Is that Montazuma's revenge ? LOL

“Are the martinis ready yet?”

Joined: Jun 1, 2007

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cold comfort farm

ISP: James Creek, PA

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#8
Apr 22, 2008
 

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The late Anne Richardson of Texas was dead on in her assessment of shrub!

“Silver City's Topix Editor”

Joined: Jul 19, 2007

Comments: 50

Silver City, NM

ISP: Albuquerque, NM

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#9
Apr 22, 2008
 

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It's not a recession, it's a slowdown. Gee, and people used to think Bill Clinton was the master of weasel-words!

Joined: Apr 22, 2008

Comments: 17

Lewisville, TX

ISP: Lewisville, TX

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#10
Apr 22, 2008
 

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estauto14 wrote:
What a foolish remark. What is the difference between recession and slowdown?
A recession is defined as two consecutive quarters of negative GDP.

We haven't even had one negative quarter.

If you don't know what GDP is or the true definition of "recession", you should look it up.

BTW, I'm not denying that our economy is in a downturn.
haten the belv

Farmington, MI

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#11
Apr 22, 2008
 

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i would like to know what drug he's smokin so i can keep my kids away from it

“Continually Updated from Net”

Joined: Jan 23, 2007

Comments: 9813

A PBS place in an MTV world

ISP: Toronto, Canada

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#12
Apr 22, 2008
 

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Mumbai not everyone's choice for financial hub

22 min ago | Express India

... of human waste, Mumbai may not be everyone's first choice for a world-class financial centre. Yet that is exactly what India hopes it will become in the next decade as it rises to the challenge of financing one of the world's fastest growing major ...

http://www.financialexpress.com/news/Mumbai-n...

Related Topix: Maharashtra, India, World News, Mumbai, India

Joined: Apr 22, 2008

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Lewisville, TX

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#13
Apr 22, 2008
 

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gilmore wrote:
I cannot wait for this idiot to get out of office. Of course, the current alternatives are likely to be worse which is hard to believe. I think it just demonstrates that we are slowly becoming the late, great United States of America when the best we can do is come up with the likes of Clinton, Obama and McCain.
I would agree with you, Gilmore.

It is truly trying to choose the lesser of the "evils".
Ariel

Fairfield, CA

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#14
Apr 22, 2008
 
and this is the guy pushing NAFTA
Guess Who

Henderson, NV

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#15
Apr 22, 2008
 
The recession is in a sink hole....
Guess Who

Henderson, NV

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#16
Apr 22, 2008
 

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Is that the place called Athhol?

Joined: Jan 30, 2008

Comments: 666

Bangkok, Thailand

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#17
Apr 22, 2008
 

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And there are Weapons of Mass Destruction in Iraq! Remember that one?
Some truth in that

United States

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#18
Apr 22, 2008
 

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If you look at the DOW five years ago it was just around 10,000. Now it is close to 14,000. Things are actually looking up. The short term investors are the only ones getting hurt. They typically only loose a little bit of money. It is usually grandmas inheritance and was really not theirs to begin with anyway they did not earn it. Then they pull out too soon and spend all the money on boats and planes and cars and other expensive toys and claim the economy is the problem. Not so it is lust and greed and lack of self control.

“"NOBODY GETS OUT ALIVE"”

Joined: Mar 26, 2008

Comments: 420

THE Q

ISP: Abbott, TX

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#19
Apr 22, 2008
 

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Yeah, watched the coverage today with the 3 Amigo's, still trying to convince us that NAFTA is good for the country!

Unbelievable, I wonder what all you people are smoking, Hillbitch wins PA. What the hell! BILLYBOOB put them in the shitt there in, now they want this dynamic duel back in power, I am truly lost for any thought....MAYBE I NEED WHATEVER YOU ALL ARE SMOKING.....
Some truth in that

United States

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#20
Apr 22, 2008
 

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So what you really have is a bunch of spoiled baby boomers and ADHD generation Xers. They get the ADHD beacause their parents where hippies and drunks and party animals and drank too much and took drugs. This affected their childrens brains in the womb for life. The schools are full of ADHD children now that can't learn normally. ADHDers always learn the hard way.
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