The U.S. economy recovered from the recession quicker than every country except Germany, according to a report released Monday by President Barack Obama’s economic team.
The report offers a comprehensive look at the progress made since the financial crisis of 2007-08, which marked the worst recession since the Great Depression. The chart below shows the output per working-age person among the 12 countries that suffered most from the banking crisis.
The article and the linked pdf is so full of errant thought one hardly knows where to begin and end. But, it’s getting late, so I’ll just keep this as short and sweet as possible and we can discuss it in the comments section if need be.
First, as I’ve written a few times and demonstrated in many different ways, this recession (which we’re still in) was not…
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