Sorry, But 3.5% Growth Is Not A "Surge"

krugman graph 12/28/09

“Economy poised for surge as most accurate economist sees U.S.” reads the Bloomberg headline. So it’s a major disappointment to read what Bloomberg considers a “surge”: 3.5 per cent growth in 2010.

Um, that’s really subpar for recoveries, let alone recoveries from deep slumps:

Read more at Paul Krugman’s blog –>

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