National Security Strategy in an Era of Growing Challenges and Resource Cons traints. The Center for Strategic and Budgetary Assessments (CSBA), June 2010

The United States is struggling to emerge from the greatest peacetime economic downturn since the Great Depression. Known as the Great Recession, the country’s current fiscal difficulties seem unlikely to abate any time soon. If there is a consensus regarding the country’s recovery, it is that it will be both gradual and protracted.