THE ECONOMIC REVITALIZATION OF AMERICA: AN OVERVIEW OF THE ISSUES

Abstract

This paper presents an overview of the economic issues facing the American economy. Crisis and transformation scenarios are presented and supply-side versus demand-side economic policies are considered as approaches to revitalizing the economy. Issues such as the extent to which centralization is needed, the kinds of trade-offs that will be required, and the various constraints that exist for policy making are discussed. Copyright 1982 by The Policy Studies Organization.