Head-to-head: What next for US economy?

John Silvia (left) debates with fellow economist Mark Perry

Official data has indicated that the US economy has come out of recession, but analysts warn the continuing recovery will be slow.

Here we bring together two US economists with differing views to discuss what is likely to happen next.

John Silvia is chief economist at Wells Fargo in Charlotte, North Carolina. He sees disappointment ahead for US workers and consumers, with a long-term decline in living standards.

Mark Perry is professor of economics at the University of Michigan-Flint and currently visiting economist at the American Enterprise Institute in Washington. He is more optimistic, expecting a resilient economy to produce job growth by late 2010 and deliver low prices for consumers READ MORE