U.S. business knows that it has no sure way to eliminate future recessions. It has no reason to assume that "boom" had be come synonymous with "normal," even though millions of Americans now regard it as such. After ten years of rising in comes, younger couples have come to look on new homes, new cars, mechanized kitchens, plentiful jobs and good pay as virtu ally everyone's guarantee in the new U.S.
economy. Future shakeouts may temporarily jolt that confidence, yet it is based on a lot of solid fact.
In a society where productivity is rising and income with it, where built-in...
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