Sep 10, 2010
| Last Updated
- Signals of economic slowdown have grown more and more prevalent as the U.S. economy approaches stall speed.
- Risks of a negative feedback loop and a dreaded double dip are rising, now at 40%.
- With policy bullets limited, the focus should be on job creation with a temporary reduction in payroll taxes for both employers and employees.
Outlook Update: Stalling and Falling?
Since the beginning of 2010, we maintained that temporary factors would propel U.S. economic growth early in the year and that their effect would wane in H2. Headline growth would then converge with the anemic pace[...]
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