Papadimitriou, Dimitri B.; Nikiforos, Michalis; Zezza, … - Levy Economics Institute - 2014
The US economy has been expanding moderately since the official end of the Great Recession in 2009. The budget deficit has been steadily decreasing, inflation has remained in check, and the unemployment rate has fallen to 6.7 percent. The restrictive fiscal policy stance of the past three years...