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Well, people have stopped spending: http://www.nytimes.com/2008/01/14/business/14spend.html

The irony of your statement, for me, is that just yesterday my local newspaper ran a front-page feature on some local businesses worried about Christmas spending: http://www.theunion.com/article/20081007/NEWS/810079993&...

Even McCain has reversed his stance on the economy (according to his website).




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