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With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. Bill Cheney
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I look forward to working closely with the DNC under Terry's tenure, ... I look forward to continuing the focus I began in my campaign on rebuilding state parties, election reform and ensuring that no voter and no state is left behind. Maynard Jackson