Friday, May 6, 2011

Paul Krugman: The Economic Recovery May be Sputtering

Very interesting article from Paul Krugman of NY Times today. The most significant sentance in the article is "From G.D.P. to private-sector payrolls, from business surveys to new claims for unemployment insurance, key economic indicators suggest that the recovery may be sputtering."

As far as the 2012 election is concerned, this is huge news. If the economy takes a noticeable downfall in the months preceding voting, the election would truly be anybodies game. A large opening would be left for Republicans, especially Mitt Romney given his business acumen, to make Obama a one term president.

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