The Economic “Recovery” in Historical Perspective

Wednesday, March 28th, 2012 and is filed under Blog, Economy

Share with your friends

There is no doubt that the economy is recovering.  However, it is doing so at such a slow pace that we will never return to our per-recession condition, much less enjoy further growth, unless something transformational occurs.  Take a look at this chart from AEI scholar James Pethokoukis:

This is what a centrally-planned Keynesian recovery looks like.