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History reminds us that at every moment of economic upheaval and transformation, this nation has responded with bold action and big ideas.
NPR: Obama's Address To Congress
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History tells us that good times and positive economic reports are not always a reason to ignore risk when other conditions indicate that risk is unusually high.
FORBES: Rally Looks Pooped As Stocks React Flaccidly To Fantastic Data
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History, along with basic economic logic tell us that emotion, rather than rational thought, is driving this latest bout of low economic self-esteem.
FORBES
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But history tells us that job growth always lags behind economic growth, which is why we have to continue to pursue measures that will create new jobs.
WHITEHOUSE: President Obama Speaks on Fort Hood and Job Numbers
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They've been battered again and again in this new century: One of the worst natural disasters in our history, the worst environmental disaster in our history, the worst economic crisis most of us have ever known.
WHITEHOUSE: President Obama Speaks at the National Urban League Convention | The White House
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History teaches us that the strongest and most sustainable economic recoveries resulted from entrepreneurs who innovations spurred the creation of new markets as well as those whose ideas provided the basic services necessary to support everyday life in a new, more efficient way.
FORBES: On the Wealth Gap and Entrepreneurship
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The record since then has been one of stopping the bleeding, arresting the freefall of our economy, preventing the second Great Depression in American history, and putting us back on a course towards economic growth and job creation.
WHITEHOUSE: Press Briefing
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Two of these factors are directly related to the horrendous economic tailspin that pundits tell us was caused by the subprime mortgage bubble (something history may adjudicate differently).
FORBES: China Talks A Green Line While The U.S. Walks One
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Finally, history shows us quite clearly that a government cannot spend its way out of an economic downturn.
CNN: Commentary: Don't mortgage our children's future