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Unformatted text preview: d-a-half years have passed since the
National Bureau of Economic Research officially declared the end of the recession, and the
nation is still experiencing slow economic growth.
Employment is showing gains, jobless claims are
generally declining, incomes are rising modestly,
and GDP numbers point to sustained economic
For many in the United States, however, it still
feels like the country is rooted in recession, and
the economic conditions that lead us into 2012
are anything but certain. The eurozone crisis, if
left unabated, will undoubtedly wreak havoc in
U.S. markets. The nation continues to add jobs
month-over-month, but the pace of job growth is
falling far short of a V-shaped recovery. Measures
of wealth, including home values and investments,
have yet to provide stable footing. Of looming
concern is the lack of consensus of the 12-member Joint Select Committee on Deficit Reduction (the
“super committee”), which was charged with
finding $1.5 trillion in debt savings over 10 years.
Hiring has been slow, w...
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