Signs of Life

The New York Times reports that the U.S. economy grew last quarter for the first time in the past year:

Gross domestic product expanded at an annual rate of 3.5 percent in the three months ending in September, a significant spike from a relatively shrunken base. The

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So Much for All That Economic Optimism

Obama administration officials have been pushing cautious optimism lately, while touting any glimmers of hope for the economy. But some new numbers out today unfortunately do little to justify any optimism. The economy shrank much more rapidly than expected during the first quarter — by 6.1 percent — turning More…