11/19: One in Four Metro Areas in Recovery Mode
For many Americans, especially the almost 16 million out of work, merely mentioning the word “recovery” can make the blood boil.
And yet, amid the persistent job losses, tight credit and looming foreclosures, the economy’s pulse is beginning to pick up. It’s very faint still, as if the patient is in the emergency room and nobody is sure when she’ll get better.
It all depends on your definition of the word “recovery”! Obama was overheard uttering these remarks earlier today.