US Economy Is Back From the Brink

USA was on verge of depression

Christina Romer, head of President Barack Obama's Council of Economic Advisers, said the country came extremely close to a second Great Depression. Columnist Robert J. Samuelson explains the difference between the past couple of years and 1929 that made it possible for the economy to avoid depression. He writes that the government's range of economic stimulus helped stem the panic, but that has yet to evolve into optimism.

-The Washington Post