Filling in the Demographic Pothole
Notes on the Week Ahead - A podcast by Dr. David Kelly - Mondays
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In America today, there is an obsession with how to stimulate demand, with fiscal policy, monetary policy and currency policy all being deployed to rev up the economic engine. However, America is facing a demographic pothole, and unless we fill it, growth will be mediocre, at best, regardless of how we try to stoke demand.
