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Reprinted with permission © 2018 Caglecartoons.com 766354 NLFXXX10.1177/1095796018766354New Labor ForumMacEwan and Miller research-article2018 New Labor Forum 2018, Vol. 27(2) 36–47 The U.S. Economy: What’s Copyright © 2018, The Murphy Institute, City University of New York Reprints and permissions: Going On? sagepub.com/journalsPermissions.nav https://doi.org/10.1177/1095796018766354 DOI: 10.1177/1095796018766354 journals.sagepub.com/home/nlf 1 2 Arthur MacEwan and John Miller Keywords austerity, inequality, economic growth, free markets, finance As 2017 came to an end, the popular story was by those expansions in the 1990s (120 months) that the U.S. economy was doing very well. On and the 1960s (106 months). Given the severity December 9, The New York Times, under the of the economic downturn in 2008 and 2009— headline, “Sizzling Economy Heightens Fears when it appeared that the economy was about to of Overheating,” told its readers that “The implode—and the limited fiscal stimulus that economy’s vital signs are stronger than they was provided by the federal government to have been in years.” And in its December 14 restart the economy, it is reasonable to ask, edition, The Economist reported that “America’s “Why has the economy done as well as it has? economy is in good shape.” Why has the debacle of the Great Recession These
New Labor Forum – SAGE
Published: May 1, 2018
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