The Post Checks With Businesses and Finds No Signs of a Double-Dip

Neil Irwin at the Post did some real reporting today. He talked to business executives and reviewed conference calls to determine if there was evidence that they were scaling back their expansion plans. Irwin found considerable nervousness, but little evidence that businesses planned to curtain investment and hiring. This supports the view that the economy's near-term prospects are for a continuation of weak growth, but no double-dip. Of course the current growth rate is not rapid enough to e...