What's wrong with America's economy?

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What's wrong with America's economy?

机译：美国经济出了什么问题？

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Pessimism about the United States rarely pays off in the long run. Time and again, when Americans have felt particularly glum, their economy has been on the brink of a revival. Think of Jimmy Carter's cardigan-clad gloom in the inflation-ridden late 1970s, or the fear of competition from Japan that marked the "jobless recovery" of the early 1990s. Both times the United States bounced back, boosted on the first occasion by Paul Volcker's conquest of inflation and on the second by a productivity spurt that sent growth rates soaring in the mid-1990s even as Japan stalled.

机译：从长远来看，对美国的悲观主义很少会得到回报。一次又一次，当美国人感到特别沮丧时，他们的经济正处于复兴的边缘。想一想吉米·卡特（Jimmy Carter）在1970年代后期通货膨胀率高的情况下陷入困境的情况，或者想到1990年代初期“日本失业”的标志。保罗·沃尔克（Paul Volcker）征服通货膨胀第一次推动了美国的反弹，第二次是由于生产力的突飞猛进推动了美国的反弹，尽管日本停滞不前，但在1990年代中期，生产率的飞速增长。

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《The economist》 |2011年第8731期|p.11-12|共2页
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What's wrong with America's economy?

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