Economy
America's Economic Rebound
The declinists are wrong, America is emerging from the crisis stronger than before.
Weak U.S. Hiring Adds to Global Gloom" blares the New York Times today, noting that America added just 69,000 jobs in May and its unemployment rate ticked up to 8.2 percent.
But might such short-term bad news mask America's underlying capacity to remake and rebuild its economy?