The Great Fear: Stagnation and the War on Social Security

  • - The Editors
Keywords: Stagnation, Political Economy

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)
Published
2005-04-01
Section
Review of the Month