Krugman makes an accurate observation in his latestet critique of GOP obstructionism and self-delusion:
But, as a new paper by Lawrence Mishel of the Economic Policy Institute documents at length, this is just not true. Extended periods of “jobless recovery” after recessions have been the rule for the past two decades. Indeed, private-sector job growth since the 2007-2009 recession has been better than it was after the 2001 recession."
I have pointed out, time and again, that job creation ended as we once knew it a decade ago. We are now, in fact, on track to add more jobs to the American economy in a single Obama term than were added under eight years of Bush II.
have you ever thought that the economy of the country is controlled by a few people only??? those few people dictate when it has to be an economic recession and when an improvement, they take decision based on the motto of scarcity=money
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