Seven Problems a Recovery Won't Fix - 2 views
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Tim Mansfield on 20 Jun 11"On both sides of an increasingly fractious political divide, there's a common belief underlying the debates: what we really need is more stimulus, spending, cutting, slashing, or [insert big idea here], and the economy will "recover" - hey, presto!! - and pop roaring back into life. Hence, like many, you're probably waiting for this so-called mysteriously reluctant non-recovering "recovery" - the one that always seems just around the corner, but when the corner's turned, has automagically disappeared yet again. (Want fries with that latest global "soft patch"?) Recovery means "a return to a normal state of strength." So here's a question. Is recovery enough? Consider seven things that a mere "recovery" probably wouldn't fix..."