Friday, August 19, 2011

Recovery could be one of longest, most difficult in U.S. history, economists say


http://www.washingtonpost.com/business/economy/recovery-will-be-one-of-the-longest-most-difficult-in-history-economists-say/2011/08/17/gIQA6D6rPJ_story.html

Washington Post photojournalist Michael S. Williamson is documenting his year-long cross-country journey armed only with a smartphone.

But for a coterie of economists who have studied decades of downturns, the recovery from the most recent recession is likely to be one of the most difficult and protracted in U.S. history, simply because of the recession’s unusual nature.

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