WASHINGTON — The U.S. economy has been doing poorly for so long now that it’s easy to get dispirited. But there are several reasons to think 2012 might be a good one for American economic performance.
The financial crisis of 2008 and 2009, and the subsequent recession, forced America’s private sector to go through a painful reinvention process. American companies had no choice but to make badly needed reforms. These are the kinds of transformations that companies often avoid during good economic times.