The Lost Decade

Nope. Not Japan. 

Despite Alan Greenspan’s “productivity miracle” and other “benefits” attributable to the Great Moderation . . . US GDP, Employment and Household Net Worth have been stagnant since the turn of the century. Here’s to a turn for the better in 2010 . . . it couldn’t get any worse, could it? 

Source: The Lost Decade for the Economy by Irwin, Rivero and Lindeman. Washington Post, January 1, 2010