The economic recovery, now in its terrible twos
This final note today, which comes with a nod to our friends at Planet Money. We all — present company included — missed a key anniversary last week. The economic recovery turned two at the end of June.
What’s that? Doesn’t feel much like a recovery? Maybe that’s because average home prices are down 10 percent since the end of the recession. Or because the economy’s only added half a million jobs the past two years.
Still, GDP is growing, which is better than the alternative.
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