Three long years ago this week, on August 2, 2010, former Treasury Secretary Timothy Geithner announced unambiguously in The New York Times, “Welcome to the Recovery.”
That was during the second of the Obama Administration’s so-called “Recovery Summers.” Now into our fifth such summer, Americans still await an actual recovery.
That unfortunate reality was reinforced this week, when the U.S. Commerce Department announced second-quarter gross domestic product (GDP) growth of just 1.7%. That follows first-quarter 2013 growth of just 1.1%, and…
"If foot-dragging were a competitive sport, President Obama and his administration would be world champions for their performance in delaying the approval of the Keystone XL pipeline. ... Last Friday afternoon, the time when officials make announcements they hope no one will notice, the State Department declared that it is putting off a decision on Keystone XL indefinitely — or at least, it…[more]