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Monday, March 10, 2008

Are We Talking Ourselves Into Recession?

BusinessWeek article on whether the media's obsession with bad economic news may be driving low consumer confidence and turning a "slowdown" into a recession.

Case in point: I recently saw Chris Matthews question his pundits about whether McCain has a chance against the Democratic nominee, noting that "voters always vote to change parties in office during a recession", as though he were hoping both for a recession and a Democratic president.

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