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America Comes Roaring Back

Pessimists worry that a series of supply shocks over the past two years, together with the Federal Reserve’s determination to raise interest rates to fight inflation, spell impending gloom for the US economy. But an alternative view has not received nearly the attention it deserves.

WASHINGTON, DC – An air of pessimism about the future of the American economy pervades some official circles in the United States and elsewhere. It’s time to dispel it.

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