Economics
Obama Recovery From Bush Slump Proves No Morning in America Yet
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The brightening economy as the 2012 election year begins doesn’t yet match Ronald Reagan’s “Morning in America.”
President Barack Obama presides over an economy that eluded the threat of a double-dip recession in mid-2011 and now is strengthening, with growth accelerating in the fourth quarter to a 2.8 percent rate, the fastest in 18 months, from 1.8 percent the previous quarter.