A GDP Distress Signal on America's Struggling Economy

The Economist
In 2007, the great ship of the American economy began encountering darkening skies. In 2008, it was suddenly faced with a violent storm which blew it miles off course, well south of where it ought to have been. The country's leaders didn't know how far from their charted path they'd been swept, but they recognised a need to make a course correction. Now, three years later, a look at the maps tells us that the storm was more powerful than previously believed, and it left the vessel much farther south than anyone had expected. The course corrections made earlier? Far too...

Source: http://www.realclearpolitics.com/2011/07/29/a_gdp_distress_signal_on_america039s_struggling_economy_260399.html

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