Beschreibung:
Lee E. Ohanian is a professor of economics and director of the Ettinger Family Program in Macroeconomic Research at the University of California, Los Angeles, and a senior fellow at the Hoover Institution.
The recovery from the recession of 2007-9 has been the weakest in American history. Employment growth has been especially weak: three years after the recovery began, a smaller percentage of the working-age population was employed than when it began. The slow recovery raises fundamental economic and public policy questions: What has been the cause? What can be done to restore robust economic growth? Can a slow-growth America lead the world?