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San Diego economists pessimistic after market dive

KFMB-TV 8

Monday, August 8, 2011

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Cunningham, interviewed Friday by City News Service, said odds of the U.S. economy falling back into a recession are "very high," and he questioned if the last one ever really ended.
Spending by government, not business, raised the Gross Domestic Product, creating "a phony recovery," he said.