Quote:
Originally Posted by jolinar of malkshor
Did a liberal tell you this? Because it isn't true.
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Agreed 1-4% GDP reduction from a baseline of only 1% growth equals crippling recession. The difference between boom and bust from 2006 to 2008 is 3% growth compared to 1% growth. Imagine what would happen if 4% was hived off. Even 1% would hurt.