The U. S. Economy After Bush

Thomas Palley

Challenge, 2008, vol. 51, issue 6, pages 26-37

Abstract: The Bush-Cheney years have been marked by a disappointing economic performance, reflected in a business cycle expansion that is by many measures the weakest since World War II. Moreover, not only has the expansion been weak, it also appears to be ending with a severe financial crisis and the possibility of a prolonged economic slump. Putting a bottom to the slump will be the next president's most immediate task. However, there is a deeper question, argues the author. How can we restore sustainable growth that generates shared prosperity? It will require more than a return to the economic policies of the 1990s.

Date: 2008

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