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The only difference between a commenter at Red State and Rick Scott is their occupation.

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Uh, Ricky boy, that Panama Canal thing... are you saying that shipping through the canal is significant to Florida's economy? Because if you're not, that makes absolutely zero fucking sense at all. And if you are, then two things. First, work to expand the canal is ongoing, as in it's ongoing, as in it hasn't increased traffic even now, let alone back in '08. Second, you do realize that global shipping volume absolutely tanked, I mean collapse, I mean fell through the floor, I mean cratered, as a result of the Great Recession, don't you? In other words, if shipping is A Thing for Florida, that's just another reason that Florida couldn't possibly have avoided the recession.

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I suppose a cruise liner running aground in the Mediterranean in 2012 is roughly as relevant to Florida's ability to avoid the Great Recession in 2008 as the Panama Canal expansion.

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So, what, exactly?<br /><br />\"Hey, this huge project in another country that had absolutely fuck-all whatsofuckingever with my predecessor, and even less still to do with me, because it was conceived, approved, and commenced before even his term started, and whose benefits (outside of jerbs dredging and otherwise upgrading PortMiami, which is a tiny fraction of the jerbs lost in the Great Recession, and which certainly weren't plausible jerbs back in 2008) won't be felt here until after this upcoming election, is a reason that I'm better than he was.\"<br /><br />Yeah that makes... no sense at all.

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The Baltic Dry Index dropped 96% in six months, and while it dead-cat-bounced, it set a new low early last year and didn't recovered as high as 10% of its 2008 peak until the end of this June. Despite strong growth this month, it's still below 15% of peak.

For a while operators were running at a loss even on full ships, rates were so low because of lack of demand.

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"houses became underwater debt-holes"

And since Rick is undoubtedly anti-do-anything-about-climate-change, those houses will soon go from figuratively to literally underwater.

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