Yesterday?s discouraging GDP numbers may or may not have a lot of broader significance. But it shouldn?t take new statistics to remind everybody that the economy remains weak and that millions of Americans are still struggling. As?Catherine Rampell and Matthew Yglesias note today, the trouble isn?t that the economy is deteriorating. It?s that the economy hasn?t recovered from the deterioration that took place in 2008 and 2009.
Related Topics: budget, economy
Source: http://www.realclearpolitics.com/2011/05/01/people_need_jobs_so_why_focus_on_deficit_254701.html
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