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Why many experts missed this: Cheap oil can hurt US economy
WASHINGTON (AP) - If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. It hasn't worked out that way. The economy is thought to have shrunk in the January-March quarter and may barely grow for the first half of 2015 - thanks in part to sharp cuts in energy drilling. And despite their savings at the gas pump, ...
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