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WASHINGTON -- America's fiscal and economic outlook is looking a lot bleaker under President Obama's impotent and misguided spending-stimulus policies.
While there are fragile signs the recession appears to be bottoming out and making a tenuous comeback in parts of the economy, the painfully slow turnaround has had little to do with the Democrats' huge $800 billion spending binge that hasn't made a dent in the nation's unemployment rate.
Indeed, the White House announced this week that the jobless rate will climb next year and remain high in 2011 in the face of record budget deficits and a tripling of the...
An Anemic Recovery for the U.S. Economy
"The Bush recession has ended and the economy is in recovery mode."
you can characterize it whatever way you want to but that is the bottom line.
those were just two examples but there were many more, I could have used.
These are career economist and I will take their word over yours because they are experts.
It's like I said before you dont want to give Prez Obama, Geither, Summers or Bernanke any credit for averting the disaster of a Bush depression thru the measures they enacted. that is cool. I understand.
you have no way of knowing wheter this will be a jobless recovery or not because you are not Merlin the Magician looking...