New York Times (November 9)
The U.S. economy “has accomplished what many, perhaps most, economists considered impossible: a large fall in inflation without a recession or even a big rise in unemployment.” A recent Goldman Sachs report declares “The Hard Part Is Over,” making the case “that we’re managing to combine rapid disinflation with solid growth, and that it expects this happy combination — the opposite of stagflation — to continue.”
Tags: Accomplished, Economists, Economy, Goldman Sachs, Growth, Impossible, Inflation, Rapid disinflation, Recession, U.S., Unemployment
Washington Post (February 8)
To summarize the state of the nation, “considering all the recent upheaval, it could be a lot worse. Yet it remains deeply divided, and that is itself a long-term threat to U.S. prosperity.” While much as been accomplished, “approximately two-thirds of Americans think the country is on the ‘wrong track.’”
Tags: Accomplished, Deeply divided, Long-term threat, Prosperity, Summarize, U.S., Upheaval, Wrong track
