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09 March 2009
President Obama Disses Economics Blogs (Another sentence that would be gibberish in the 1980s?) That the President of the USA actually acknowledges the debates taking place on the blogosphere, even in a dismissive reference, is pretty telling.
I agree bunnyfire; the first 700 billion should have come Q2 08 along with new mortgage regulation and rules for, and to wind up, derivatives. By Q1 09 we should have been about 2 trillion in.