From the WSJ. The Obama Stimulus efforts aren't working and spending (in government efforts) isn't leading us out of this. We're likely heading for a double-dip recession. So much for VP "Say it ain't so" Joe Biden's Summer of Recovery. The DOW is current well above the valuation of its composite companies and, as the graph shows, the U.S. GDP is slowing. In fact, the government recently revised - down - GDP estimates dating back to 2007. As the article states, the recession is deeper and the recovery path is going slower than past recessions.
With the "most open, honest and ethical" Congress' democrats facing two ethics investigations and a poor economy, it doesn't look good for them in the fall. Maybe there's hope that the ship will change direction. Hopefully, the GOP can put up some quality candidates to do so.
1 hour ago