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Why the US Economy is Headed for a “Slog”
Former US Treasury Secretary Lawrence Summers says the recovery includes three stages: collapse, bounce-back, and slog. We’ve experienced collapse and bounce-back already. “Now we’re now headed for a slog,” he says.
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By The Aspen InstituteFormer US Treasury Secretary Lawrence Summers says the recovery includes three stages: collapse, bounce-back, and slog. We’ve experienced collapse and bounce-back already. “Now we’re now headed for a slog,” he says.