Summer Slowdown: Why the Economic Recovery May Be Stalling

The rest of the summer won't necessarily be cruel, but it will at the very least be slow, according to some leading economists. The big gains seen in important measures of economic health like gross domestic product just a few months ago are being replaced by more modest increases, they say. "I don't expect robust growth," said Douglas Holtz-Eakin, the former director of the Congressional Budget Office who was John McCain's top economics advisor during the 2008 presidential campaign. "This is a...Full Story
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