US economic recovery remains anemic, at best

posted by
November 7, 2011
Independent Institute
by Robert Higgs  
Posted in Commentary

"As the chart shows, real GDP has recovered its losses during the recent contraction and is now running at about the same rate as it was at its pre-recession peak in late 2007. So, the rate at which the U.S. economy produces total output has gained nothing during the past four years, and its present rate of growth, even if it continues, is too slow to bring back into employment many of the would-be workers now without work, including a disturbing number who have been without employment for years." (11/06/11)  

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