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Keyword: slowlane

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  • US economy may be stuck in slow lane for long run (the new 'norm' - Obama 'Mission' Accomplished)

    02/09/2014 10:33:13 AM PST · by NormsRevenge · 8 replies
    Yahoo! News ^ | 2/9/14 | Josh Boak - ap
    WASHINGTON (AP) — In the 4½ years since the Great Recession ended, millions of Americans who have gone without jobs or raises have found themselves wondering something about the economic recovery: Is this as good as it gets? It increasingly looks that way. Two straight weak job reports have raised doubts about economists' predictions of breakout growth in 2014. The global economy is showing signs of slowing — again. Manufacturing has slumped. Fewer people are signing contracts to buy homes. Global stock markets have sunk as anxiety has gripped developing nations. Some long-term trends are equally dispiriting.