... our present UK recovery is historically quite paltry. No one should be satisfied with the levels of unemployment and underemployed resources in either economy, even though there is ample historical ... policy and its effectiveness were not the source of difference, nor was business optimism (especially since forecasts for UK growth, not just the MPC’s, surprised on the downside). Credit was more ... Away Why is Their Recovery Better than Ours? (Even though neither is good enough) Adam S. Posen Comparing economic policy and performance across countries is a rewarding pursuit intellectually,...