Clintonism, Monicagate and the budget

Doug Henwood dhenwood at panix.com
Tue Feb 9 11:48:52 PST 1999


Brad De Long wrote:


>How likely is it that we will get ourselves into a Japan-type situation?
>*If* we manage to avoid a Japan-type situation, then the risk to growth is
>small...

Good thing the U.S. economy doesn't resemble a bubble in any way! Otherwise, the Japan scenario might be a threat.

Doug



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