Is the U.S. in the middle of a 'false recovery'? (The Week)

[unable to retrieve full-text content]The Week - Stocks are up. The unemployment rate is down. But that was also true a year ago, and back then, things didn't exactly work out like we hopedWe've had quite a bit of good economic news this month. A huge European bailout of Greece raised hopes that a weak global recovery can gather steam. In the U.S., the Dow Jones Industrial Average touched 13,000 for the first time since 2008. And America's unemployment rate has gone down for five straight months, now sitting at its lowest rate since the Great Recession began. But there are plenty of clouds still looming. Oil prices have spiked to their highest level in nine months as Iran cut off crude shipments to the U.K. and France. And despite Greece's reprieve, Europe remains on the brink of a debt disaster. So is the U.S. economy really on the mend — or is this just a lull before the next downturn?

Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20120221/cm_theweek/224647

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