One of the five leading economists in America.
Barry Bosworth
The debate among economists centers on two key questions. Is there truly a lasting improvement in productivity growth? And, if so, what is the cause of it? We haven't even answered the first question yet.
key growth productivity questions debate improvement question
Young people favor cuts in benefits. Older people want increases in taxes. It's inherently divisive.
benefits people taxes favor young
Anything that Greenspan says carries a lot of weight. He's become almost a cult figure.
weight
It was a reversal of irrational exuberance
irrational
america
It has been by far the most significant institutional change within the profession.
change profession
The economy for next year looks like it is in very good condition. It looks much stronger than any other economy in the world, and he will try to find a way to take credit for it.
world good find economy credit
But when you make all these adjustments, you are still left with what appear to be cultural differences.
differences left
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