The Lost Decade: Zero Net Job Creation From 2000-2009

03/18/2010 05:12 am ET | Updated May 25, 2011
  • Neil Irwin Washington Post

For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation's growth.

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