NYT: How to cure the debt problem? Grow the economy.

The best thing you can say about the debt deal is that it could have been worse (Reuters).  Paul Krugman thinks it was a huge mistake (NYT).

NYT: US government strategy shifts from spending to austerity. How will the economy react?

WSJ: Does slowing US growth portend another recession?

WSJ: The economy may be at “stall” speed.

Bloomberg: The 2Q GDP reading is below pre-recession peak.

WSJ: Four factors that could make or break the economy: one is trade.

Reuters: One analysis suggests the auto industry could drive an economy recovery.

USAT: Piracy king China now copying entire retail stores.

Reuters: Manufacturing in Europe stalls, slows in Asia.

Zero Hedge: How China ate America’s lunch.

Wired: China plans to out-missile the US.

WSJ: Wal-Mart going local for food. (Will they follow for manufacturing?)