The Commerce Department on Wednesday reported that gross domestic product (GDP) grew at an annual rate of 1.7 percent in the second quarter, up from its initial projection of 1.5 percent. While the upward revision was welcomed, the economy is still growing at too slow a pace to bring down the unemployment rate, which was 8.3 percent in July. Economists expect only a modest improvement for the second half of 2012.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 5 legitimate scientific controversies
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- 10 things you need to know today: October 2, 2014
- Why I got married — without a wedding
- How liberals are unwittingly paving the way for the legalization of adult incest
- Libertarianism's terrible, horrible, no good, very bad idea
- Ted Cruz is the new Sarah Palin
- Why the Rubio-Lee tax plan is great politics — and great policy
- 6 things the happiest families all have in common
Subscribe to the Week