Budget Office (CBO) projects economic growth over the next decade to average  just 2.1 percent – a drop off of roughly one-third from the long-term historical  average of about 3.0 percent growth. In other words, CBO is expecting a  protracted economic malaise for at least the next decade under current policies. It  turns out.
Feb 6, 2017 ... NEXT A HEARING ON THE U.S. ECONOMIC OUTLOOK WITH KEITH HALL,  DIRECTOR OF THE CONGRESSIONAL BUDGET OFFICE THAT PROVIDES  ANALYSIS. THIS IS TWO HOURS. >>> WELCOME TO THE COMMITTEE ON  THE BUDGET HEARING ON THE CONGRESSIONAL BUDGET OFFICES ...
Dec 2, 2016 ... There are many aspects of the economic policy of the new Administration that I  find misguided. But I am most ..... However, I fear he is overly sanguine in  assuming that even under secular stagnation the Fed will start the next recession  with an interest rate of 2 percent, as well as a ten year rate of 3 percent.
When President Reagan took office in January 1981, the U.S. economy was in  deep ... Wages. The hourly compensation for American workers is at its lowest  point in almost two decades. • Productivity. ... economists, America is trapped in a  protracted period of stagflation in which the economy is sluggish even as inflation  ...
Jul 16, 2015 ... It is possible hyperinflation could happen during the next few years, but that  seems unlikely since it would require a series of major crises and political  blunders – events ... The deficit was $1.4 trillion six years ago and the  Congressional Budget Office (CBO) projects it to be just $486 billion this year. But , it is ...
Says the Congressional Budget Office "is expecting a protracted economic malaise for at least the next decade under current policies."