Yeah, It's the Economy

Summary


By now, Mitt Romney knows whether his commitment to resurrect tens of thousands of auto jobs in Michigan was enough to bring him victory in yesterday's Republican primary in that Midwestern state, which has the highest unemployment rate (7.4 percent) in the nation.

Throughout the primary campaign in Michigan, Mr. Romney promised to "end the one-state recession in Michigan." History may record that he was talking about the "good, old days." Indeed, the news about the U.S. economy is getting worse from one day to the next.

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Yeah, It's the Economy

Yesterday, the Commerce Department reported that retail sales dropped in December, as retailers experienced th...

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