The US economy is growing stronger every month. GDP, total employment, and the stock market index are all rising, while the unemployment rate is finally coming down. Still, despite the good news, there seems to be a notable lack of excitement and exuberance. This good news has been too long coming and the pace of economic growth remains lackluster compared to previous economic recoveries. In addition, many serious problems remain and their solutions still seem out of reach. Read the rest at Aspenia Online ……
About the author
Steve Suranovic received his B.S. in mathematics from the University of Illinois at Urbana/Champaign and his M.S. and Ph.D. in economics from Cornell University. He has been a faculty member at the George Washington University since 1988. He has served several terms as the current Director of the International Trade and Investment Policy M.A. program at the Elliott School of International Affairs.