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New “Normal of US Economy?

The economy’s “new normal” is decidedly new, but certainly not normal. Statistic after statistic attests to the simultaneous downshifting of America’s economy and our expectations with it. Only by comparison can we put the current economy into...

Numbers Don’t Lie

Twenty years ago, when Democrats tried to oust an incumbent Republican president from office, they questioned his economic stewardship. Vice presidential candidate Al Gore famously bellowed: “Everything that ought to be down is up, and everything that should be up is...