Are some people here serious when thy say the "recession" has been caused by the media? I understand that some things can be over-reported, but I fail to see how they caused banks and automakers to bottom out, and as I recall the Whitehouse was playing damage control (stimulus checks, anyone?) long before any reports of recession were being sounded.
Instead, I blame the recession on California, Arizona, Colorado and Florida, where the vast majority of the foreclosures have happened. I think those states should be foreclosed and sold.
I also blame the minimum wage increase for the collapse of banks and automakers.
And I blame my mother-in-law for the war in Iraq.
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