Friday, July 8, 2011

Current economic news

We are now in July 2011. The Great Recession has officially been over for two years. Do you still believe we are in recovery?

Recently, I heard an economist speak on Fox News. Yes he said, we are in a slow recovery. However, there are three critical recovery components that are not progressing fast enough. They are unemployment, particularly the long-term unemployed, housing and oil/gas prices. Then there is the implication of the U.S. deficit and debt ceiling limit.

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