2011 was a bust — could 2012 be better?

It began with such promise.

This time a year ago, forecasters were racing to upgrade their outlooks for what 2011 would hold. All the gears seemed to be locking into place for what could finally be the year that an economic recovery began in earnest. Three percent growth seemed like a sure bet; 4 percent seemed more than plausible.

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Neil Irwin 31 Dec, 2011
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Source: http://feeds.washingtonpost.com/click.phdo?i=4a254bc062f26b1431c97e4f3ba38f4a
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