Sorry, U.S. Recoveries Really Aren’t DifferentCarmen M. Reinhart and Kenneth S. Rogoff
Oct. 16 (Bloomberg) -- Five years after the onset of the 2007 subprime financial crisis, U.S. gross domestic product per capita remains below its initial level. Unemployment, though down from its peak, is still about 8 percent. Rather than the V-shaped recovery that is typical of most postwar recessions, this one has exhibited slow and halting growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump's Re-Election Edge Is Greatly Exaggerated
- We Libertarians Were Really Wrong About School Vouchers
- Trump's Numbers Guy Isn't Great With Numbers
- Trump's First Nine Months? 5 Out of 10
- Piketty's Inequality Theory Gets Dinged
- Stick With Numbers When Judging Trump's Rally
- The New Populism Isn't About Economics