[dante]

Those who do not learn from history twist history to fit their ideological prejudices, are doomed to repeat it.

WASHNGTON — The spending cuts approved by House Republicans would act as a drag on the U.S. economy, according to a Wall Street analysis that added new pressure to a raging political debate in Washington.

The report by the investment firm Goldman Sachs said the cuts would reduce the growth in gross domestic product by up to 2 percentage points this year, essentially cutting in half the nation's projected economic growth for 2011.

Double-dip recession, here we come.

 

[monkeyfcuker]

Don't fret, we'll (the UK) be right there beside you, good times!

 

[Pesqueeb]

Its almost like I can see the future.