Archive for July 2011
Weak GDP: an economy on edge
The latest gross domestic product (GDP) data shows the US economy’s recovery has come to a virtual stop. GDP grew at an annual rate of less than 1 percent in the first half of 2011. Revised government data show that the recession was deeper – and the recovery has been weaker – than previously thought. GDP […]
Tea Party: maybe crazy, definitely winning
In her Sunday New York Times column on the debt ceiling business, Maureen Dowd points out the many ways in which the Tea Party is succeeding: Consider what the towel-snapping Tea Party crazies have already accomplished. They’ve changed the entire discussion. They’ve neutralized the White House. They’ve whipped their leadership into submission. They’ve taken taxes and […]
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