, Columnist
Take a Moment to Appreciate the Recovery
This may not be the greatest economic rebound, but it's still real.
The first step in lowering the unemployment rate.
Photographer: Luke Sharett/BloombergThis article is for subscribers only.
A few weeks ago, I described why this economic recovery remains doubted and unloved. The improvements have been very unevenly distributed, with wide disparities based on education level, geographic location and industry. Some people's recoveries are far worse than others.
However, sometimes we lose sight of the basic facts. The data show the economy is expanding and creating jobs in a manner consistent with recoveries from credit crises: getting better, slowly, though maybe not fast enough to lead to a general sense of optimism.