Imagine if track had events such as these: the sack race, the one-legged hop, skipping backward.

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Higher interest rates at a time of slow growth would hamper the US economy, already running a sack race rather than anything remotely resembling a healthy sprint.

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They did pushups, twirled hula hoops, and competed at dodge ball and tug-of-war before the first lady triumphed over the comedian in a climactic potato sack race.

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In a report released in Beijing on Wednesday, the World Bank says it expects the Eurozone will post no growth at all in 2012 and overall developed markets, which at this point just includes Japan and the U.S. in a stumbling potato sack race, growing at just 1.4%.

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He says such Olympic-style sporting events sit well alongside tractor races, tug of war and the sack loading-and-unloading race.

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