Author Topic: Bad Economy Threatens Dem Claims  (Read 895 times)

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Bad Economy Threatens Dem Claims
« on: August 26, 2010, 04:00:03 AM »
Bad Economy Threatens Dem Claims
                                       


 Lori Montgomery, Washington Post
A rapidly weakening economy threatens to undermine President Obama's assertion that he has set the nation on a path to prosperity and, with barely two months until congressional midterm elections, Democrats find themselves with few options for reviving the faltering recovery.The latest sign that the economy is losing steam: Home sales fell 27 percent in July, the steepest one-month drop since figures were first compiled in 1968, according to a report released Tuesday. Analysts had expected sales to decline following the expiration of a federal tax credit for homebuyers this spring, but...

http://www.realclearpolitics.com/2010/08/25/bad_economy_threatens_dem_claims_240348.html