Interesting Article on our Economic Problems

FROM THE GREAT MODERATION TO THE GREAT STAGNATION

by Roger Selbert 03/04/2011

"For much of the past decade, I was a proponent of the thesis that that the American economy had entered a “great moderation,” where expansions lasted longer and recessions were fewer, shorter and milder. Productivity had seemingly reached a permanently high plateau; inflation seemed tamed. "

Click to Read the article: