Huffpost Business

The Coming Double Dip Recession: Slate

Posted: Updated:
DOUBLE DIP RECESSION

What does the last-minute deal to raise the debt ceiling do to aid the flagging, faltering economy? Nothing.

The economy is in appalling shape. Last week, the Commerce Department's latest estimate of economic growth left many economists agog. In the second quarter, the economy grew at an annual rate of 1.3 percent. In the first, it grew at an annual rate of just 0.4 percent, a figure revised down sharply from previous estimates.

Read the whole story at Slate

Around the Web

The Coming Double Dip - Slate

The Indypendent » The Coming Double Dip Recession

Christopher Thornberg: Double Dip Is Coming in 2011 - Seeking Alpha

Warren Buffett: No Double Dip Coming - Daniel Indiviglio ...