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Not only do data indicate that actual U.S. GDP is running about 12 points below where it would have been had the crisis not occurred, but that GDP isn’t likely to recover to that extent. (Photo: Shutterstock)

It’s been 10 years since the financial crisis and Great Recession, and while politicians tout a low unemployment rate and a humming economy, plenty of people would disagree with their assertion that recovery has spread its mantle over the country.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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