The following quote seems realistic but I would add a couple more years to that.
"Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the biggest economic downturn since the Great Depression.
Answer by musicmom08 at 8:08 PM on Jul. 10, 2011
Answer by Carpy at 1:53 PM on Jul. 10, 2011
It's all dependent on future legislation and spending.
Even if we were to get on the right track and start moving in the right direction toward recovery, I wouldn't really expect things to be strong again for at least another 6-7 years. Possibly 10. JMO.
Answer by QuinnMae at 3:30 PM on Jul. 10, 2011
I think we have always been a resilient country. I also think that in many cases we tend to live and counted on innovation, productivity and superior education in the past. It seems over the years we have backed away from what makes us great and concentrate on what makes us rich quickly with very little consequence and accountability. I think once we get back to strengthening our foundation, such as education, and production,
Answer by emilysmom1966 at 4:08 PM on Jul. 10, 2011
Answer by ImaginationMama at 3:33 PM on Jul. 10, 2011
Answer by GypsyMoon605 at 1:37 PM on Jul. 10, 2011
Answer by tspillane at 1:40 PM on Jul. 10, 2011
Answer by Carpy at 4:03 PM on Jul. 10, 2011
Answer by hill_star03 at 4:46 PM on Jul. 10, 2011
Answer by Carpy at 4:15 PM on Jul. 10, 2011
Next question overall
I'm sorry, but I just can't keep this to myself anymore.