Why growth will stay too weak to ease unemployment
http://www.comcast.net/articles/finance/20101101/US.Economy.GDP/
The recession that began in December 2007, after the housing bubble burst, became the Great Recession once the financial crisis erupted in September 2008. Economic recoveries that follow a financial crisis are typically sluggish. Banks usually take years to resume lending normally.
"To really get 'Morning in America' and get people feeling like jobs are really coming back, I would want to see something close to 5 percent" annual economic growth, says economist Josh Bivens of the Economic Policy Institute, referring to the iconic 1984 Reagan re-election ad.
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