• Rockford, Ill.: Modernizing a Century–Old Community Landmark

  • RE3 Focus: Pennoni On Leading Edge of Sub-Slab Depressurization

  • Using GIS To Decipher Large-Scale Remediation Projects

  • Right Place, Right Time

 

It’s the Economy, Stupid!

As the presidential race heats up and the economy cools down, the motto of the 1992 Bill Clinton campaign seems increasingly relevant. Think about it: we started this election cycle thinking that Iraq and terrorism would be the big issues and now we’re focused on health care and the economy. And hovering over all of this is the American people’s desire for change (if you believe the polls). One thing that is certainly changing is the economy. Yes, the economy is in recession. It may not meet the official definition (two consecutive quarters of economic contraction), but compared to the booming economies of the rest of the world, the U.S. is in recession. This is not unexpected; the economy has been underperforming since emerging from the short and mild recession of 2000-2001. Corporate profits have risen, but not corporate investment. As a result, job growth has been insufficient to keep…Log In to Read Full Article

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