â??There are always going to be some bumps on the road to recovery.â?
President Obama speaking at a Chrysler plant Friday after the May jobs report
Surely the most disheartening part of that quote is the word â??recoveryâ?. Five years after the housing bubble started to deflate and nearly three years after the financial crisis, we are still talking about â??recoveryâ?. Recovery implies recuperation from a shock or illness or regaining something lost or stolen. After nearly three years of trying to recover that which was lost (or stolen depending on your opinion of the banking system) shouldnâ??t it be obvious by now that a return to the way things were before the crisis isnâ??t possible or more importantly, desirable?
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