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Kick-Start Strategy Fails to Fire Sputtering U.S. Economic Motor

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  • Wynne Godley

Abstract

There is a strategic need, if a "growth recession" is to be avoided, for a new motor to drive the economy, particularly if there is a further decline in private expenditure relative to income that could generate a further hole in aggregate demand.

Suggested Citation

  • Wynne Godley, "undated". "Kick-Start Strategy Fails to Fire Sputtering U.S. Economic Motor," Economics Policy Note Archive 02-1, Levy Economics Institute.
    • Handle: RePEc:lev:levypn:02-1
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    References listed on IDEAS

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    1. James K. Galbraith, "undated". "The War Economy," Economics Policy Note Archive 01-8, Levy Economics Institute.
    2. L. Randall Wray, "undated". "The Backward Art of Tax Cutting," Economics Policy Note Archive 01-5, Levy Economics Institute.
    3. Dimitri B. Papadimitriou & L. Randall Wray, "undated". "Are We All Keynesians (Again)?," Economics Policy Note Archive 01-10, Levy Economics Institute.
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    Cited by:

    1. Wynne Godley & Alex Izurieta, 2004. "The US economy: weakness of the "strong" recovery," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 131-139.
    2. Wymme Godley & Alex Izurieta, 2009. "The US economy: weaknesses of the "strong" recovery," PSL Quarterly Review, Economia civile, vol. 62(248-251), pages 93-101.
    3. Wynne Godley & Alex Izurieta, 2004. "L' economia statunitense: debolezze della ÒforteÓ ripresa," Moneta e Credito, Economia civile, vol. 57(226), pages 151-160.
    4. Wynne Godley & Alex Izurieta, 2004. "The US economy: weakness of the "strong" recovery," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 131-139.

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