Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent.
And the DJIA has gone from 6500 earlier this year to above 9200.
Remember when Hannity, Beck, Limbaugh and the Republicans were blaming the president for the Dow -- remember "the Obama bear market"? Intellectual honesty dictates, then, that they give him equal credit for the recovery. Too bad they're not intellectual or honest.
This is how a smart, progressive recovery looks. There won't be any rapid boom, but there will be slow, steady progress with solid long-term economic growth due to a strong focus on infrastructure, jobs and the middle class. Now if we can have affordable, portable, reliable healthcare, we'll see many years of prosperity.