| Edition |
3rd ed. |
| Physical description |
xii, 232 pages : illustrations ; 24 cm |
| Notes |
Includes index. |
| Contents |
I. The Roots of Economic Welfare. 1. Productivity Growth. 2. Income Distribution. 3. Employment and Unemployment -- II. Chronic Aches and Pains. 4. The Trade Deficit. 5. Inflation -- III. Policy Problems. 6. Health Care. 7. The Budget Deficit. 8. The Embattled Fed. 9. The Dollar. 10. Free Trade and Protectionism. 11. Japan -- IV. Financial Follies. 12. The Savings and Loan Scandal. 13. Losing It. 14. Global Finance -- V. American Prospects. 15. Happy Ending. 16. Hard Landing. 17. Drift. |
| Summary |
Finally, in the updated concluding section, the author provides three possible scenarios for the American economy over the next decade. He warns that we live in an age of diminished expectations, in which the voting public is willing to settle for policy drift--but with the first of the baby boomers turning 65 in 2011, the U.S. economy will not be able to drift indefinitely. |
| Subject |
Economic forecasting -- United States.
|
|
United States -- Economic policy -- 1981-1993.
|
| ISBN |
0262112248 (hardcover) |
|
0262611341 (paperback) |
|
