For the first time in history, the US economy has started and ended a decade without a recession

From CNBC.com (Dec. 19):

As of December, the U.S. economy has expanded for a record 126 straight months, the longest time period in the country’s history according to the National Bureau of Economic Research. Put another way, the U.S. has avoided a recession for an entire calendar decade for the first time ever.

“It is unusual that this has been such a persistent recovery,” Michelle Meyer, chief U.S. economist at Bank of America Merrill Lynch, told CNBC. [read more]

That’s great news! The economy is slow growing because the last president screwed-up the economy and this president had to reverse what Obama did. It takes time to put the economy on the right path to recovery.