Alan Auerbach Analyzes U.S. Economic Recovery

San Francisco Chronicle, June 13, 2011 by Carolyn Lochhead
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/06/13/MN1H1JRRPR.DTL&type=printable

“Financial crises in general are more difficult to recover from than regular recessions,” said UC Berkeley economist Alan Auerbach. “This is different from other recessions in the postwar period, and that helps explain why the recovery is weaker. But as for simple policies to get us out of this, I really don’t know that we know much from what other countries have done.”