Rescuing The Recovery: Prospects and Policies for the United States


The Levy Economics Institute of Bard College has the report Rescuing The Recovery: Prospects and Policies for the United States.  Surprise! Surprise!  Here are some words excerpted from the conclusion.

The range of strategic policy options for the United States is limited. Bringing down the stubbornly high unemployment rate and reversing the decline of household fortunes are urgent priorities. Accelerated economic growth and increased aggregate demand will not come about from private expenditures while the household sector continues its deleveraging trend. Rescuing the recovery will require using expansionary fiscal and monetary policies.

What other kind of report did you expect me to put on this blog?

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