recovery

Here’s the video of the day: Neil Cavuto of Fox News reacting to the Dow Jones index’s recovery by asking his first guest whether former President George W. Bush should get credit.

“What was once the Bush recession is now the Bush recovery,” asks Cavuto, “or is that a stretch?”
“It defies logic that you could blame [...]

One year after devastating floods in the Midwest, The Iowa Independent’s Lynda Waddington reports that government red tape continues to hinder recovery efforts.

From The New York Times:
The United States economy lost 345,000 jobs in May, the government reported on Friday, a sharp slowing in the pace of job losses that fueled hopes that the economy was on its way toward a recovery.
The recession continued to take a toll as the unemployment rate climbed to 9.4 percent, its [...]

In his first policy speech since the election, President-elect Barack Obama laid out his “American Recovery and Reinvestment Plan” to stimulate the economy by pumping money into infrastructure, alternative energy, technology and aid to states.
Speaking at George Mason University in Fairfax, Va., he warned of the hard times to come and emphasized the urgent need [...]