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Feldstein: Recovery Is Grossly Exaggerated



December 10, 2009 – Comments (0)

Reports of the economic rebound in the U.S. have been greatly exaggerated, opines Harvard University economics professor Dr. Martin Feldstein, a former White House economic adviser.

During a talk in New York City, Feldstein noted that the current recession "has been the longest, the deepest, and the most damaging" of all recessions the U.S. has suffered in its history, a report in the Yeshiva University student newspaper indicated.

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