Editorial: In praise of ingenuity: America's record economic expansion
by The Chicago Tribune Editorial Board, Chicago Tribune
Jun 21, 2019
2 minutes
Ten years ago this month, the U.S. unemployment rate was a disastrous 9.5%. General Motors, requiring a government bailout, filed for bankruptcy protection. Would the American auto industry even survive?
That bleak age isn't forgotten, but it is long gone. The U.S. pulled out of recession in June 2009 and hasn't looked back. Barring catastrophe, the economy next month will set a new
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