BUSINESS
09/17/2009 05:12 am ET Updated May 25, 2011

Not Your Father's Recovery: Signs Point To Weak Economic Rebound

Washington Post:

The wounded U.S. economy has shown signs of improvement in recent weeks. But many economists, who were caught off guard by the brutality of the downturn, are accentuating the negative, bracing for head winds that could cause the recovery to be weak.

Typically, a deep downturn is followed by a robust recovery, as happened with the steep recession of 1981-82, the most severe since World War II, which was followed by explosive growth through the rest of the decade. Many -- but not all -- of the world's top economists doubt that a boom will follow this time.

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