A Recovery That Never Comes

The President has been promising an economic recovery ever since 2008, when he promised to create 5 million green jobs and to "act quickly to help people stay in their homes." With all the promises Obama made, many voters who supported him expected the economy to begin turning around early in 2009. But then, shortly after his election, Obama let it be known that the economy had been driven "into a ditch" deeper than he had imagined, and the recovery would take some time. Then he discovered that the economy he inherited was not just in a ditch, it was actually a "mess" as well. There were always new excuses for why the recovery never came. Now it seems, just as the President was prepared to declare "mission accomplished," the economy is slipping back into the ditch, only it's no longer George Bush's ditch. This ditch is entirely of Obama's making. After exhibiting a few "green shoots" earlier this year -- the first real signs of improvement in three years -- the economy is slowing once...(Read Full Article)

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