Recessions can persist due to any of a variety of causes: the bursting of an overinflated economic bubble, overinvestment and business speculations that lead to a crash, criminal behavior that sours people's faith in the economy, the cloud of war and uncertainty that puts everything on hold -- or, as is the case today, all of the above. But recoveries all begin from the same simple premise: growth. If the past 25 years have taught us anything, it is this one lesson: You cannot cut, outsource, or downsize your way to economic success; you have to grow.
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