Bloomberg.com reports this morning that austerity policies appear to be quickly guiding Greece toward a “1930′s style depression.”  Of course, the United Kingdom is already learning about the impact of failed Hoover-style economics.

Now, when will the American political right (and much of the so-called middle) wake up to the hard truth that slashing public spending is the last thing  we need to do in the U.S. and a surefire way to stop the progress made over the past three-plus years?

The news of the American economy’s slow but increasingly undeniable recovery continue to register. Today, it was retail sales.

The Census Bureau reports that retail and food sales were up 1.1% in September (5.4% above the same moneth in 2011).