The U.S. economy remains in the grip of a growth recession, and there is no relief in sight.

FORBES: The Growth Recession On President Obama's Watch Continues

But under President Obama there is no relief in sight.

FORBES: The Fiscal Cliff and America's Coming Recession

Yet, under Obama not only is there no relief in sight, his budget includes still further tax increases, which are also already included in the projections of deficits and debt.

FORBES: Obama's Budget: The Decline and Fall of the American Economy

And there was no relief in sight.

CNN: Heat wave: Oklahoma, Texas endure warmest months on record

Heat advisories are in effect for parts of 17 states, with forecasters saying there is no relief in sight: "Hot and hotter will continue to be the story from the plains to the Atlantic Coast for the next few days, " the National Weather Service said.

BBC: US storm-hit millions swelter in heatwave

Joblessness continues to be a major headache with no significant relief in sight.

FORBES: The Printing Press Produces Inflation, Just Not Where It's Needed

If no real monetary relief and no tax cut are in sight, stocks will truly weaken.

FORBES: Fact and Comment