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Posts: 5047
Nov 8 08 1:23 AM
yoduhh wrote: thebatter wrote: More people will be laid off. It won't stop. Remember, when Jimmy Carter raised taxes in the late 1970s, unemployment & inflation went into double digit figures. So did borrowing interest rates. i remember that, interest rates for mortgates were like 15%, can you imagine that now?
thebatter wrote: More people will be laid off. It won't stop. Remember, when Jimmy Carter raised taxes in the late 1970s, unemployment & inflation went into double digit figures. So did borrowing interest rates.
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