TIME's Board of Economists sees steady growth ahead
The U.S. economy is a bit like an Olympic bicycle racer rolling along with the breeze at his back. Once he builds up speed, not even powerful brakes can bring him to an abrupt stop. And so, after barreling ahead at an 8.8% annual growth rate during the first half of 1984, the economy will slow in the coming months, but it still has enough momentum to keep going at least through 1985. Even a national auto strike against GM would have only a limited and temporary impact, unless it lasted for many months.
That...
To continue reading:
or
Log-In
