Overview for weak-economy

Winners From a Cheaper Dollar

My Marketplace commentary broadcast today celebrates the US export boom. An economy as big as the U.S. cannot export its way out of recession. But the export surge does contain promising signals of the U.S. economy of tomorrow. The U.S. is increasing its exports to China faster than to any …

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Written by David Frum on Wednesday July 20, 2011

Signs of Good News in the Recovery

The economy is currently very weak, but as I write in my column for The Week, there are some signs of good news. The economy is currently very weak, but as I write in my column for The Week , there are some signs of good news. It's been a summer of bad news: Bad job news, bad housing news, …

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Written by David Frum on Thursday July 14, 2011

How to Make 2011 a Repeat of 1931

If the US government fails to make its payments, there is a risk of repeating the same crisis that struck the world in 1931. The US government is the largest purchaser of goods and services on planet earth. The government buys everything from equipment for cancer research to metal for warships …

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Written by David Frum on Tuesday July 12, 2011

Slow Recovery? Blame the Housing Boom

Why has recovery been so weak and slow? Businessweek argues: because we are still unwinding the consequences of the housing boom of the 2000s. Why has recovery been so weak and slow? Businessweek argues : because we are still unwinding the consequences of the housing boom of the 2000s. …

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Written by David Frum on Monday July 11, 2011

The Jobs Report is Awful, but a Default is Worse

While the latest jobs report is dismal, it is no excuse for Republicans to have no plan or their own or to push for a default. The latest jobs report is truly dismal in that it shows a slight gain in jobs. However, it isn't the "death blow" or sure sign of a double-dip recession that might send …

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Written by Eli Lehrer on Friday July 8, 2011