The Wall Street Journal

The United States thinks that it grows and they make it to us believe The illusion of a vigorous recovery in the American economy has been only that, an illusion? My theory is that yes. If retail attention of the main economic variables is lent, sample can be affirmed that to the reality today that the exit of the economic recession is than laborious more and is accompanied permanently with the fears of a new relapse. That the recovery draws an L or a W, is a discussion that not yet has been defined. Gene Epstein in an article that wrote for The Wall Street Journal, raised the different obstacles that the economic recovery in the USA and the vision of the market has on the recovery perspective. A related site: Ben Horowitz mentions similar findings. And the truth is that the poor American economy has problems by where is wanted to watch. In the public accounts, in the financial, real estate sector, labor market, in the monetary policy, and the list continues. And until which it happens doors outside, with the risk of default in Greece, with a possible negative shock of credit for the American economy, it can cause that the American economic recovery In spite of the numerous disadvantages is aborted that the economy of the USA has against himself, Epstein is very optimistic on the continuity of the economic recovery.

Nevertheless, the signals that I observe make me think that even it is in risk the continuity of the lukewarm recovery. The W does not have to still discard. It is certain that in second half of the 2009, American economy it obtained a inter-annual growth of 4%, but beyond the effect drag that leaves this for first half of 2010, is difficult that the prognosis of Epstein is fulfilled that hopes that in first half of this year, the economic growth returns to write down another 4%.