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WSJ editor dishes on economy.

Journal Star (Peoria, Illinois)

| September 13, 2011 | COPYRIGHT 2007 Journal Star. (Hide copyright information)Copyright

Byline: Steve Tarter

Sept. 13--PEORIA -- There are three reasons why the nation's economy continues to sputter, notes the economics editor of the Wall Street Journal.

In a telephone interview last week, David Wessel cited a stagnant housing market, the political paralysis in Washington and economic problems in Europe as contributing to the "unrecovery" in this country.

Last week's concern over a possible default by Greece was just the latest scare received by Wall Street that triggered a dip in stock prices, he said. "Fundamental problems in Europe are being treated with six-week bandages at a time," said Wessel.

"The problem you have (in Europe) …

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