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Obama's Imperial Presidency Is Killing Recovery

By Conn Carroll, Washington Examiner - October 29, 2012

"This is the worst economic recovery America has ever had," "CBS Evening News'" Scott Pelley reported in July. And this past Friday's Gross Domestic Product report from the Commerce Department, showing the U.S. economy grew at an anemic 2 percent in the third quarter, confirmed Pelley's conclusion. Since the Obama recovery began more than three years ago, the economy has grown at the slowest rate of any recovery since World War II.

There are many reasons why President Obama's policies have failed to create an adequate environment for even an average economic recovery. But one of the most important was his decision to embrace a governing blueprint published by a progressive think tank, the Center for American Progress.

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