08/03/2011 05:53 pm ET | Updated Oct 03, 2011

Geithner One Year Ago: 'Welcome To The Recovery'

THE devastation wrought by the great recession is still all too real for millions of Americans who lost their jobs, businesses and homes. The scars of the crisis are fresh, and every new economic report brings another wave of anxiety. That uncertainty is understandable, but a review of recent data on the American economy shows that we are on a path back to growth.

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