Economics for Democrats: the recession may be over, but not everyone's making out fine. (Gazette).
American Prospect, The, April, 2002 by Kuttner, Robert
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A RECESSION WAS SUPPOSED to rescue the Democrats in next November s midterm election. Even if they had little else, Democratic strategists expected, they could bash Bush for a weak economy. But the recession evidently is over almost before it began, and it's not even April. The unemployment rate has declined for two straight months and may not reach 6 percent.
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Economic growth has turned positive. Other standard economic indicators--inventories, consumer spending, factory orders, and so on--suggest an economy in recovery. This surprising turn raises two questions: First, is the ...
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