Prospects for “New Normal” of US Economy

Moderate growth, low inflation, low labor participation rate and a growing wealth gap will be business as usual for a considerable period of time. Fundamental, systemic changes needed for the US to breakthrough its economic doldrums are unlikely in the divided political climate from now until the 2016 elections.

Yu Xiang, Research Fellow, CICIR via CHINA US Focus http://ift.tt/1POHUZX