By 1985, the economy appeared to be slowing down, and economists were still asking what to do about the next recession. Activist theories of fiscal and Monetary Policy have dominated economics since the depression. By the mid1980s we were doubting our ability to manage the economy. Stabilization policy are we still in control . Well investigate that with economic analyst richard gills help on this edition of economics usa. Im david schoumacher. For many years after the Great Depression National Economic policys basic goal was minimizing unemployment. But the winter of 1982 saw 12 million unemployed. Many complained they were victims of a needlessly cruel government policy. Public enemy number one was inflation, and jobless workers were the war casualties. The battle cast new doubt on the governments ability to manage the economy or the wisdom of even trying. Why was stopping inflation so hard . The time has come for Decisive Action to break the vicious circle of spiraling prices and co
Slowing down, and economists were still asking what to do about the next recession. Activist theories of fiscal and Monetary Policy have dominated economics since the depression. By the mid1980s we were doubting our ability to manage the economy. Stabilization policy are we still in control . Well investigate that with economic analyst richard gills help on this edition of economics usa. Im david schoumacher. For many years after the Great Depression National Economic policys basic goal was minimizing unemployment. But the winter of 1982 saw 12 million unemployed. Many complained they were victims of a needlessly cruel government policy. Public enemy number one was inflation, and jobless workers were the war casualties. The battle cast new doubt on the governments ability to manage the economy or the wisdom of even trying. Why was stopping inflation so hard . The time has come for Decisive Action to break the vicious circle of spiraling prices and costs. Inflation is domestic enemy num
Some say the days of our Economic Growth are numbered that soon there wont be enough basic raw materls. Are the prophets of doom correct . This has been americas century. Giant steps of Economic Growth have taken us from the auto age to the space age. Our Real Gross National Product has increased tenfold. Our real income per person has tripled. Can we keep up the pace . With the help of analyst richard gill well examine that question on this edition of economics usa. The improvement in our standard of living can be tied to our Economic Growth since 1900. Average workers enjoy three times as many goods. All of this because of a continuing increase in productivity, the engine of growth. 70 years ago in the Auto Industry a productivity revolution took off. How did it begin . Why was it successful . Turn of the century autos were playthings of the rich. Their purpose was not wholly clear. Perhaps they were best in static pose. Certainly, Auto Industry growth was static. Dozens of models de
Have dominated economics since the depression. By the mid1980s we were doubting our ability to manage the economy. Stabilization policy are we still in control . Well investigate that with economic analyst richard gills help on this edition of economics usa. Im david schoumacher. For many years after the Great Depression National Economic policys basic goal was minimizing unemployment. But the winter of 1982 saw 12 million unemployed. Many complained they were victims of a needlessly cruel government policy. Public enemy number one was inflation, and jobless workers were the war casualties. The battle cast new doubt on the governments ability to manage the economy or the wisdom of even trying. Why was stopping inflation so hard . The time has come for Decisive Action to break the vicious circle of spiraling prices and costs. Inflation is domestic enemy number one. Present high inflation threatens the Economic Security of our nation. From Richard Nixon through jimmy carter president aft
Activist theories of fiscal and Monetary Policy have dominated economics since the depression. By the mid1980s, we were doubting our ability to manage the economy. Stabilization policy are we still in control . Well investigate that with economic analyst richard gills help on this edition of economics usa. Im david schoumacher. For many years after the great depression, National Economic policys basic goal was minimizing unemployment. But the winter of 1982 saw 12 million unemployed. Many complained they were victims of a needlessly cruel government policy. Public enemy number one was inflation, and jobless workers were the war casualties. The battle cast new doubt on the governments ability to manage the economy or the wisdom of even trying. Why was stopping inflation so hard . The time has come for Decisive Action to break the vicious circle of spiraling prices and costs. Inflation is domestic enemy number one. Present high inflation threatens the Economic Security of our nation. Fro