From Robert Reich: When Will The Recovery Begin? Never. (ht Bob Dobbs ) The so-called “green shoots” of recovery are turning brown in the scorching summer sun. In fact, the whole debate about when and how a recovery will begin is wrongly framed. On one side are the V-shapers who look back at prior recessions and conclude that the faster an economy drops … Unfortunately, V-shapers are looking back at the wrong recessions.

Read more here – Reich: "When Will The Recovery Begin? Never."