Sluggish economic growth has generated a number of catch phrases to describe the collective experience – “lost” decades, secular stagnation, the Japanese disease. There can be little doubt that the US has been living through such a period. The expansion since June 2009, the
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Austerity is Defunct
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Sluggish economic growth has generated a number of catch phrases to describe the collective experience – “lost” decades, secular stagnation, the Japanese disease. There can be little doubt that the US has been living through such a period. The expansion since June 2009, the