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Economic News, Data and Analysis

More psychology on the economy

First, a McCain adviser calls us whiners about a “mental recession,” now this…

Bush: Troubled financial system is basically sound

WASHINGTON —
[Bush also called on the Democratic-run Congress to follow his example and lift a ban on offshore drilling to help increase domestic oil production.
“I readily concede it won’t produce a barrel of oil tomorrow, but it will reverse the psychology,” Bush told a White House news conference _ his first since late April.

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