My point here is that, while I think this is a mistake, I hope it can be used to fuzzy up a previous mistake, which in my view was putting a date on the period of very low interest rates of at least mid-2013.

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One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president.

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"Make no mistake: My opponent is running for four more years of policies that will throw the economy further out of balance, " he said.

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