Most interesting sentence I’ve read today
June 11th, 2008 | by Hayes |From Free Exchange (the blog home of The Economist):
…by some measures—including those used by the Congressional Budget Office—the American economy has uninterruptedly performed below potential since the 2001 recession.
Even though we’re not technically in a recession (two quarters of negative GDP) and even though being technically correct is the best kind of correct, this would make things feel very recessionary to a lot of people.