May 21, 2013

Worst Western post-financial crash recovery in last four decades?

Singing the blues.


When pressed to explain why the US recovery in the last three years has fizzled in comparison to other post-WWII US recoveries, especially in job creation, Barack Obama usually says that the Great Recession was such an unusual event that it cannot be directly compared to any other American recovery.  In the 2008 crash, unlike [...]

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