WASHINGTON -- It may be time to move beyond pessimism. Ever since the financial crisis, Americans have wallowed in fear and anxiety. Understandably. Although a recovery -- as defined by academic economists -- started about two years ago, it hasn't felt like one. Of the 8.7 million payroll jobs lost in the recession, only 1.8 million have returned. The recovery rivals the slowest since World War II and faces continued threats. High oil prices. Europe's debt crisis. Unexpected inflation. Washington's bickering over the federal debt ceiling. All true. But it's also true that...
Source: http://www.realclearpolitics.com/articles/2011/05/23/gloom-onomics_109942.html
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