The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo48° Slight Chc Showers

Thursday

Hi61° Chance Showers

Thursday Night

Lo44° Partly Cloudy

Friday

Hi57° Partly Sunny

Friday Night

Lo47° Rain Likely

Saturday

Hi58° Chance Rain

Saturday Night

Lo46° Chance Showers

Sunday

Hi58° Partly Sunny

Sunday Night

Lo41° Partly Cloudy

Monday

Hi54° Partly Sunny

Ignoring the path to recovery

Send to Kindle
Print This

It is said that the problem with the younger generation — any younger generation — is that it has not read the minutes of the last meeting. Barack Obama, forever young, has convenient memory loss: It serves his ideology. His amnesia concerning the policies that produced the robust recovery from the more severe (measured by its 10.8 percent unemployment rate) recession of 1981-82 has produced policies that have resulted in 0.1 percent economic growth in 2014’s first quarter — the 56th, 57th and 58th months of the recovery from the recession that began in December 2007.

June begins the sixth year of the anemic recovery from the 18-month recession. Even if what Obama’s administration calls “historically severe” weather — aka, winter — reduced GDP growth by up to 1.4 percentage points, growth of 1.5 percent would still be grotesque.

View my optionsorSign in