I know I saw that recession around here somewhere . . .

The economy grew at 1.9% last quarter.  Two thoughts.  First, the American economy is simply amazingly resilient--1.9% is cause for exultant celebration in a lot of European finance ministries.  And second, Barack Obama's campaign team is probably doing some serious rethinking this morning.

This article available online at:

http://www.theatlantic.com/business/archive/2008/07/i-know-i-saw-that-recession-around-here-somewhere/3904/