The American Spectator : Is Obama Delaying Economic Recovery?: "By now, the current recession is officially the longest since World War II. The National Bureau of Economic Research dates the recession as starting some time during December, 2007. The longest recession since World War II was 16 months, with the average being 10 months. By today, the current recession has clearly lasted more than 16 months.
Which raises the question, are President Obama's economic policies promoting recovery, or delaying it? Why is this the longest recession since World War II? That is a period of almost 65 years! Would other economic policies better promote economic growth?
Still No Recovery
Yes, there are signs that the economy is finally struggling out of its torpor. But the point is that the recovery is now officially overdue. It shouldn't just be showing signs of recovery. A full recovery should now be in full swing, given the historical record of the last 65 years!"
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.