Economists: 2011 Could Be the Year of Recovery
Max Fisher Max Fisher – Fri Dec 24, 11:13 am ET WASHINGTON, DC – After a dismal 2010, in which the 2008 and 2009 recession was officially over but economic indicators from unemployment to housing remained poor, some economists are forecasting that 2011 will be the year that the U.S. economy finally comes back to life. Here's their case, what it means, why it could happen, and some pushback from more jaundiced sources. Whether or not these economists are right--and we hope they are--their optimism alone is a nice gift for the holiday season. Though the poor economy will make this Christmas a difficult one for many American families, perhaps this is a sign that next year's could be much better. Economists Predicting 2011 Recovery The New York Times' Sewell Chan reports the good news: The government’s latest measures to bolster the economy have led many forecasters and policy makers to express new optimism ...