Economy much stronger, thanks to exports

What recession? Economy grows much more than expected. ‘Experts' surprised again. The Wall Street Journal reports Economy Grew 3.3% in 2nd QuarterThe U.S. economy was much stronger in the spring than first thought, with GDP rising 3.3% compared to the initial projection of 1.9% growth, because of better exports and less inventory liquidation by businesses.Barack Obama, with his protectionism (renegotiating NAFTA, demanding concessions for ‘fair' trade), would strangle this baby in its crib.(Read Full Post)