Stories >> Economics

Alan Blinder: If We Get a Recession in 2022 or 2023, It’ll Be a Mild One

In the 1970s, ‘stagflation’ caught policy makers by surprise. Their successors have learned the lesson. Thursday’s surprising report on first-quarter gross domestic product may contribute to a feeling of déjà vu all over again. High inflation reminds many Americans of the unhappy 1970s, when a series of food-price shocks in 1973-74 and a

Click to Link

Posted: April 28, 2022 Thursday 06:05 PM