But TIME'S economists see thunderheads in interest rates and deficits
When Americans go to the polls, they usually think about their pocketbooks. As much as any other issue, the economy can buoy or destroy a President's chances for reelection. TIME'S Board of Economists met last week to gauge how strong an economic engine Ronald Reagan will be riding into November. The board's verdict: if the financial markets can calm down, the immediate outlook is good. The economy, which grew at a surprising 8.8% annual rate in the first quarter, is sure to slow down,...
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