Американское Зеркало Дж. Брэдфорд ДеЛонг

В Соединенных Штатах страхи, бытовавшие девять месяцев назад о том, что экономика поддастся дефляции, рассеялись. Что осталось, так это осознание упущенных грандиозных возможностей.

С тех самых пор, как в кресло президента сел Джордж В. Буш, годовой рост национального валового продукта составил 2.3% - темп роста вполне удовлетворительный по меркам времен президентства Джорджа Буша Старшего или Рональда Рейгана, но после экономического бума времен правления Клинтона такой показатель смотрится вялым и мишурным. В самом деле, ясно, что темпы роста американской экономики могли быть значительно выше существующих.

По данным американского Бюро статистики труда отношение числа работающих к численности населения изменилось в соответствии от 64.4% в 2000 до 62.3% на сегодня, одновременно с падением занятости на нефермерском рынке труда с 131.8 миллиона до 130.2 миллиона на текущий период. Лежащий в основе бизнес кругов стремительный прогресс в информационных технологиях стимулирует рост производительности, так как никогда, но если бы федеральный резерв более агрессивно снижал процентные ставки, или Буш и Конгресс приняли снижение налога на краткосрочный спрос и работу, американская экономика могла бы достичь уровня темпа роста, не виденного здесь уже на протяжении полутора поколений.

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