The US Economic Situation September 2012

First Published: 2012-09-13

Dr. Yandle is Dean Emeritus, College of Business & Behavioral Science, Clemson University Distinguished Adjunct Professor of Economics, Mercatus Center, George Mason University, provides his Economic Situation Report as at September 2012 with some predictions through 2014.

Here’s a brief quote from the introduction:

"The U.S. economy has not been healthy since 2001 when 9/11 pushed the country into a recession. As the accompanying data tell us, real GDP growth has risen to meet the long-term average of 3.11% just once since 2001, and that was in 2004. The combination of wars, financial collapse, natural disasters, and political games has taken a heavy toll on economic growth. No one is talking about 3% or better growth anytime in the foreseeable future. But it’s not just about Democrats and Republicans. It’s about something deep in the economy."

As a former senior economist on White House staff during the Ford and Carter Administrations and Executive Director of the Federal Trade Commission in the Reagan Administration, and a frequent contributor to The Freeman and Regulation magazine, Dr. Yandle provides lots of food for thought and insight with his analysis.

Download a pdf of the entire report by clicking here…

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