Reagan's Running Recovery

TIME's Board of Economists expects more growth but worries about deficits

'Tis the season to be jolly. There is little doubt about it. This year has been one of unexpectedly vigorous growth, declining unemployment and low inflation. And TIME's Board of Economists, which met last week in Manhattan, sees business remaining strong next year, while the jobless rate continues to fall and prices inch up only slightly. With an eye toward next year's presidential campaign, Otto Eckstein, chairman of Data Resources, a Lexington, Mass., economic consulting firm, concluded: "The 1984 outlook is very nice,...

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