| We've seen a curious economic phenomenon lately: economic pundits and gurus getting very jittery when the good news of low unemployment is released. Why? Because they are petrified of increasing inflation. For fifty years it has been a truism that some prosperity must be sacrificed - some level of unemployment must be endured - so we can keep inflation in check. But - recessions come and go, no matter what. The next downturn is always looming. |
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Crime - Deficit - Downsizing - Housing - Overpopulation - Pollution