The US economic recovery "may be a bit of a struggle" and will take some time, Timothy, the US Treasury secretary, said in a televised talk show scheduled for 1st. In an interview with NBC's talk to the press, Mr Geithner said the recent economic encouraging news "shows that once you move forcefully, you can stabilize such a crisis", but the recovery will be different from the past, because Americans need to pay more. The crisis caused a lot of damage. It will take us some time to get out of the crisis. Mr Geithner believes the real test of the recovery is how to increase employment and boost investor confidence. He declined to say whether the recession was over and that economists would conclude in the next few years.
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