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Vin Suprynowicz

Extending the Recession Indefinitely

Mises Daily

Author: Vin Suprynowicz

Online Publish Date: October 14, 2009

Category: Business Cycles, Booms and Busts, U.S. History

Unemployment continues to tick upward. Small businesses forgo profits on two-for-one deals just to keep the doors open. But we’re in recovery. Treasury Secretary Timothy Geithner, the guy who couldn’t get around to paying his own taxes, says so. After all, government is doing all it can to speed the recovery, isn’t it? “Fed keeps key rate near

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