We're halfway to a lost decade - Jordan Wolvers

http://www.freakonomics.com/2011/06/08/were-halfway-to-a-lost-decade/

The red line now shows five things much more clearly:
1.      The slump began in late 2006. And indeed, we were hardly enjoying good times through early 2006.
2.      It’s a big slump, and GDP per capita fell by over 7 percent.
3.      We remain a long way below the previous peak.
4.      It’s going to take a long while to return to where we were back in 2006. Most forecasters are expecting GDP to grow by around 3 percent, implying per-capita growth closer to two percent. At those rates, average incomes in 2013 will (finally!) be back around the levels of 2006.