The Great Recession has been more than an economic downturn. The term “downturn” suggests the situation is fairly short and fixable, a temporary flattening in America’s unending economic slope. It has been three years since the stock market tanked and contraction started, and the Obama administration just announced that it expects unemployment to remain above 9 percent through 2012. So, forget short. But what about fixable?
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=107497