Banking on full economic recovery arriving in next two years has been a bad strategy: CBO projections of output gap between 2008 – 2013

Note: CBO's various projections for when full economic recovery will be achieved are illustrated by where the line for each projected GDP trend (identified by the month and year the projection was made) intersects the horizontal axis.

Source: Authors' analysis of Congressional Budget Office data (2008; 2009; 2010; 2011; 2012; 2013a)

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