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The Great Fear: Stagnation and the War on Social Security

- The Editors

Abstract


David Wyss, chief economist for Standard and Poor's, recently opened an article, "Good, Gloomy or Grim in 2005?," with the words: "Growth tops the wish list [for the U.S. economy], but even recession wouldn't be all that bad, given that recovery always follows. The big fear? Stagnation" (Business Week Online, January 10, 2005)

Keywords


Stagnation; Political Economy

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DOI: http://dx.doi.org/10.14452/MR-056-11-2005-04_1

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