If this is supposed to be an "economic recovery" it sure is pathetic. In fact, as you will read below, the numbers tell us that this is the worst economic recovery that the American economy has ever seen. If what we had experienced was a "normal" recession and a "normal" recovery, then jobs, economic growth and home values would have come roaring back by now. But they haven't. The Federal Reserve injected unprecedented amounts of new money into the system and the federal government went into unprecedented amounts of new debt, but all of that effort has not accomplished much. It did buy us a little bit of time and a period of relative economic stability, but now there are all kinds of signs that we are about to go into another recession (or something even worse). So is it really honest for Ben Bernanke and Barack Obama to be using the term "economic recovery" to describe what is happening? (Read More....)
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Economic Recovery?
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