The US economy: weakness of the "strong" recovery

The strategic prospects for the US (or any) economy can be evaluated by reference to the financial balances of its main sectors, which are related to one another by a consistent accounting system. The 1992-2000 expansion, accompanied by a rising budget surplus, was greeted by a storm of self-congra...

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Bibliographic Details
Main Authors: Wynne Godley, Alex Izurieta
Format: Article
Language:English
Published: Associazione Economia civile 2012-04-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9824