Across the United States, a long recovery looks like recession

Whatever we call it, “tough economic times,” “worst recession since the Great Depression,” or “yesterday,” it all feels pretty bad nonetheless. The New York Times reports on the national mood:

“Less than a month before November elections, the United States is mired in a grim New Normal that could last for years. That has policy makers, particularly the Federal Reserve, considering a range of ever more extreme measures, as noted in the minutes of its last meeting, released Tuesday. Call it recession or recovery, for tens of millions of Americans, there’s little difference.”