The signs Thursday of resilience in the U.S. economy appeared welcome. "The GDP news was pretty good. From our perspective, we're not going to see a negative quarter of GDP, so earnings are going to improve," said Scott Wren, senior equity strategist for Wachovia Securities
Still, the growth is small so more pessimistic reporting could tip the economy over into a recession. The Democrats have to hurry though. The election is just a few months away and given all the baggage Obama has the Democrats really need a recession.