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Forecaster takes dim view of economy

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By Vicky Gits

Now that the economy has been blown out of the water by reckless real-estate lending and a massive $800 billion stimulus plan is in the works, don’t expect things to get much better in the next few years.

The downturn that began in the fourth quarter of 2007 gathered momentum in 2008 and landed full blast in 2009, and it will continue into 2010 and beyond, said Keith Hembre, chief economist with U.S. Bancorp of Minneapolis.


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Canyon Courier | circulation@canyoncourier.com | 303-350-1030
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