Stiglitz Says U.S. Economic Recovery May Not Be ‘Sustainable’

The U.S. economy faces a “significant chance” of contracting again after emerging from its worst recession since the 1930s, Nobel Prize-winning economist Joseph Stiglitz said. “It’s not clear that the U.S. is recovering in a sustainable way,” Stiglitz, a Columbia University professor, told reporters yesterday in New York. http://bit.ly/RPoQg