Spike,

According to this article the European recovery is working due to conservative fiscal policy that includes a halt to spending.

"German business confidence is soaring while U.S. consumer sentiment sinks.

Britain's second-quarter economic growth was almost twice as fast as expected, the strongest in four years.

Meanwhile, economists have steadily marked down forecasts for Friday's U.S. gross domestic product report.

What happened to Europe being the weak link in the global economic recovery?

Whatever the explanation and despite the divergence, there are signs that both regions will cool down in the second half of the year.

The U.S. "economy entered the second quarter with plenty of momentum but exited with very little, said IHS Global Insight economist Brian Bethune."

The rest of the world just passes us by while our president and his cabinet play dress up and try to act like grown-ups.

BN