This from NPR today:
The United States economy continued to expand modestly toward the end of 2011. The Commerce Department says it grew at an annual rate of 2.8 percent in the fourth quarter and 1.7 in all of 2011.
This means that the economy has expanded for the last two years, after a 3.5 percent decline in 2009. The economy did slow down in 2011. It grew 3 percent in 2010.
Unemployment is still high and not budging.
Here’s my question for you: Is there a point at which “recovery” becomes “growth” and wouldn’t that be good because we worship “growth”? Extra credit question: Should we really be worshiping “growth”?