American debt crisis is over, but the economic mis-management

Now that Americans have gotten past the artificial debt crisis created by Republicans in the U.S. Congress, we face the real problem: a devastated U.S. economy that has been weakened still further by this unnecessary stress on the credibility of  its government, especially because the confidence of businesses and consumers has probably been seriously shaken. Many are doubtless still trying to figure out  exactly why they kept being warned that catastrophe was just around the corner.


It’s going to be a very tough, tricky job to get growth in the U.S. back up to a pace that will feel anything like a recovery.


For a sense of just how bad the U.S. economy has become this year, here is a collection of key numbers from the public-interest news website, ProPublica.

internet site reference: http://blogs.montrealgazette.com/2011/08/03/the-crisis-is-over-but-the-economic-worry-isnt/

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