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Another bit of news not in the news
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Except the New York Times, the SF Chronicle, and several other papers. Damn that west coast liberal media.
http://news.google.com/news?hl=en&ie...nG=Search+News
It's too bad you don't have the integrity to post the whole story or even a link to it. Some highlights of what you left out:
http://www.kansascity.com/mld/kansas...ss/6871709.htm
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While the country has officially been out of recession since November 2001, it has yet to mount a sustained rebound strong enough to prompt companies to begin rehiring laid-off workers. Job losses just this year have totaled a half-million workers.
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Still, analysts cautioned that they had predicted second-half economic rebounds for three consecutive years that have failed to happen as companies and consumers remained uncertain about the future.
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The 3.3 percent GDP growth rate in the second quarter followed two consecutive quarters in which growth averaged an anemic 1.4 percent. Reflecting the prolonged weakness, after-tax corporate profits shrank by 5 percent in the second quarter, the government said.
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In a second report Friday, the University of Michigan said the final reading on its consumer confidence index slipped to 87.7 in September, down from 89.3 in August.
"Higher gas prices and continued job losses had the greatest impact on lower-income households, and these households reported larger declines in confidence," said survey director Richard Curtin.
Mindful that the economy has struggled to mount a sustained rebound, the Federal Reserve has stressed that it plans to leave a vital short-term interest rate, currently at a 45-year low, unchanged for as long as it takes to allow the rebound to gain momentum
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And you have the audacity to claim that the media is ignoring the facts. You should be ashamed of your complete lack of journalistic integrity.