What has the crisis taught us? What have we learnt during this long period of recession and financial crisis? What should we not forget in order to avoid another crisis in the future? What remains to be done in order to consolidate the emerging recovery?
This book attempts to give a reasoned response to these and similar questions offering the reader a broad overview of the macroeconomic environment and the implemented policies in the U.S. during the Great Recession. This book also attempts to clarify some key issues (mainly related to monetary and fiscal policies, deficits, debt, employment and productivity) that have damaged U.S. Economy over the last decades.