It appears that more and more of main stream media are beginning to publish articles that speak to the fact that we are not in an “economical recovery”. Here is a great article by the Financial Times;
The Federal Reserve is set to downgrade its assessment of US economic prospects when it meets on Tuesday to discuss ways to reboot the flagging recovery.
Faced with weak economic data and rising fears of a double-dip recession, the Federal Open Market Committee is likely to ensure its policy is not constraining growth and to use its statement to signal greater concern about the economy. It is, however, unlikely to agree big new steps to boost growth…
In congressional testimony last month, Ben Bernanke noted “unusual uncertainty” in the economic outlook and in a speech last week the Fed chairman warned of a “considerable way to go” before the US achieves a full recovery.
– James Politi, Financial Times
Since FT.com doesn’t allow for direct-links to their articles I am included a google link to their article which you can use to view their peice.
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