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May 3, 2017 |
A Very Mediocre Recovery

Being mediocre, by definition, signifies being simply adequate—neither great nor terrible. Nevertheless, the word tends to have a negative connotation. Whether it is sports, one’s job, or everyday activities such as driving, nobody dreams about being undistinguished and unexceptional. But perhaps when it comes to the economy, being mediocre does not deserve such a bad rap.