By Staff America and most of the world has moved past the top of the Covid 19 curve. The focus has shifted from health to economics. As understanding of the medical issues improves, and uncertainty decreases, interest in shape of recovery is getting attention. A recovery alphabet helps describe what competing camps contend. Initially, the pundit class foresaw a V-shaped recovery. A steep down ramp would be followed by an equally steep rise. With the passage of time, punditry reappraised. Economic sages have begun speculate that the right side of the V may sag into what some have called the “Swoosh,” after the Nike logo. Recovery may be more of a slog than a bounce. During the V-shaped Reagan-era recovery, the economy returned to pre-recession prosperity. Then, it kept going up, as America went from bust to boom. After the 2007 financial melt-down…
