6:58 PM Dec 9th
• EPI.org: A Feeble Recovery: Updated
• In early May, EPI released a paper, A Feeble Recovery: The Fundamental Economic Weakness of the 2001-07 Expansion, that argued the United States had entered a new recession and compared the expansion that had just ended to previous ones. EPI found that the latest expansion ranked either at or near the bottom on a range of measures, especially those most relevant to working families like job creation and compensation growth. Last week, the National Bureau of Economic Research confirmed EPI's judgment on the recession's timing. In light of that official recognition, EPI is re-releasing its comparison paper, …
full story