That article has almost zero factual content to back up it's assertions. This kind of nonsensical ravings really grate me. Don't write something like 'witness the increasingly dark economic backdrop' or 'America’s economy is still limping along' without some hard numbers. This article attempts to support those statements with broad general commentary like 'summer slump in share prices and consumer confidence suggest future spending will weaken further'...that's not proof, that's an interpretation of data that the author isn't sharing.
The worst part about that article is that the meatiest statement 'That could change if Congress came to its senses, passed Barack Obama’s jobs plan and agreed on a medium-term deficit-reduction deal by November' is dead on, but delivered in such a clumsy manner it's almost a throwaway piece.
This is an online version of an article in the Leaders section of the Economist magazine. The articles in that section are mostly short summaries of topics discussed in greater detail in the relevant subsections of the issue.
For instance, the same print issue as this 'nonsensical raving' has a much more detailed summary of the euro crisis in the Briefings section if you're looking for the gory details alluded to in the leader[1].
The worst part about that article is that the meatiest statement 'That could change if Congress came to its senses, passed Barack Obama’s jobs plan and agreed on a medium-term deficit-reduction deal by November' is dead on, but delivered in such a clumsy manner it's almost a throwaway piece.