Economic Principals

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  • Something Happened

    With the US apparently emerging from a downturn so shallow it doesn’t seem to meet the standard test — two consecutive quarters of declining output — it has been twenty years since the United States endured a recession worthy of the name. It was in July 1981, that an inflation-wracked and thoroughly-overheated economy stalled and…

    April 7, 2002
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Economic Principals

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