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  • Recovering From the Post-Great Recession "Recovery"

    08/25/2016 3:26:50 PM PDT · by HomerBohn · 16 replies
    The New American ^ | 8/25/2016 | Robert McLaughlin
    By popular measures, the U.S. economy is in the midst of one of the longest economic recoveries in its history. After all, the current economic expansion — now 85 months and counting — is the fourth-longest since 1857. As reported by the Bureau of Labor Statistics, the U3 unemployment rate was 4.9 percent in July, less than half the level seen during the depths of the Great Recession. Meanwhile, the housing market is booming and the stock markets are hovering near their all-time highs. So why does the Real Clear Politics “Direction of Country” polling average indicate that Americans believe...