The Economist (July 14)
2012/ 07/ 16 by jd in Global News
With unemployment over 8% and full year growth expected to now come in at less than 2%, the U.S. economy still looks weak. The Economist notes, however, the ”comeback kid” is making progress. “America’s economy is certainly in a tender state. But the pessimism of the presidential slanging-match misses something vital. Led by its inventive private sector, the economy is remaking itself …. Old weaknesses are being remedied and new strengths discovered, with an agility that has much to teach stagnant Europe and dirigiste Asia.”
Tags: Asia, Comeback kid, Economy, Europe, Growth, U.S., Unemployment
