The economy’s expansion last quarter, for the first time in more than a year, has prompted much speculation that the recession is over. This turning point, however, simply marks an end to the decline in activity. The unemployment rate is at the highest level since the early 1980s, and full employment remains a long way off. Early this year a team of scholars at the Brookings Institution began tracking data to assess where the nation stands regarding the Constitution’s mandates that the government “provide for the common defense, promote the general welfare, and secure the blessings of liberty.” In this second “How We’re Doing” index, we examine the forces that stand in the way of a strong rebound.… Seguir leyendo »
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