The 1993 Economic Report of the President, Vol. 1

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Excerpt from The 1993 Economic Report of the President, Vol. 1: Hearings Before the Joint Economic Committee, Congress of the United States, One Hundred Third Congress, First Session, January 27 and February 11, 1993 Now, if you ask the question, why is this recovery so different, why aren't we coming out of this recovery, and you try to search for explanations, it is a complicated problem. I am prepared to concede that. And there are important structural changes that are taking place. But I can't help but think it has some relationship to monetary policy, and I am going to show you a couple of charts, and I am going to throw some quotes at you from some very distinguished economists. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.