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August 28, 2008

Economy much stronger, thanks to exports

By Ed Lasky

What recession? Economy grows much more than expected. ‘Experts' surprised again. The Wall Street Journal reports


The U.S. economy was much stronger in the spring than first thought, with GDP rising 3.3% compared to the initial projection of 1.9% growth, because of better exports and less inventory liquidation by businesses.
Barack Obama, with his protectionism (renegotiating NAFTA, demanding concessions for ‘fair' trade), would strangle this baby in its crib.

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