Sluggish economy? Blame the weather
Economists and economic reporters tend to get carried away about short-term movements in the economy. They often assess data without considering the larger context, which can lead them to exaggerate the good or bad news. And since most economists …
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White House Calls on Greece to Deliver on Previous Economic Promises
A day after Greek voters soundly rejected bailout terms offered by its creditors, the White House renewed its calls for Athens to restructure its economy and for Europe to offer the beleaguered county hope by offering better terms on its debt. Keeping …
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