By Robert Presser on February 16, 2011
Statistics often mask a reality that is more complex than the numbers. The US has been in recovery for over a year, yet most Americans will tell you that it feels as if it has not even started. In Canada, our recession was the mildest of all the industrialized nations yet our mindset is still influenced by the slow recovery of our southern neighbour. Economists in both countries have said that employment growth is the key to sustaining the recovery; consumer confidence and, eventually, consumer spending must be strengthened via income growth overall.