Free Republic

WASHINGTON (Reuters) – The economic recession that began in 2007 was uniformly damaging to U.S. states, sparing just one or two from its effects, but the recovery is promising to be uneven across the country. According to a special report released on Tuesday by Wells Fargo Securities LLC Economics Group, Nevada and Florida will take the longest to recover while two of the worst hit by the recession -- California and New York -- will recover fastest. "California seems to be known for its large and reoccurring budget gaps, but the state's economy may not be as troubled as headlines...