From Zero Hedge:
Obama's first and only law of economics: Stimulus Today = 2x Hangover Tomorrow
In 10 days auto companies will announce their September auto sales. If auto specialist Edmunds.com is right, expect to see an unprecedented decline in the September SAAR number: from 13.7 million in August to a 28 year low of 8.8 million!
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Many people regard February as the darkest month of the recession, but even then the SAAR was higher, at 9.1 million units," Edmunds.com senior statistician Zhenwei Zhou said in a statement.
And the simple observation that anyone in Obama's crack team who had ever read Econ 101 would have figured out:
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