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Reply to "Are we in a quiet recession?"
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[quote=Anonymous]The nation is not in a recession, not even a mini one, even if some consumer index indicators are softening and inflation is likely going to worsen. The reason we're all feeling a recession HERE is that the federal workforce has been cut, and federal funding has been decimated for some industries that are very active in our region. So the effect trickles down to all facets of our local economy, because we are so dependent on federal jobs here. [/quote]
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