Wednesday, August 5, 2009

AP Finally Discovers 'Head-Snapping' U.S. Receipts Dive

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Well, it only took them about 3-1/2 months.


Yours truly and others have since April noted a precipitous and likely historic dive in Uncle Sam's monthly collections. Year-over-year declines actually began last summer. The degree of monthly fall-offs has gotten "progressively" worse since then.

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