PROSPECTS 2009: US recession will approach 1982 slump

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In this article

  • Obama's economic plan
  • Experienced advisers
  • Massive stimulus
  • 1982 recession precedent
  • Three macroeconomic stimulants
  • Fiscal policy
  • Monetary policy
  • Energy price collapse
  • Consumer behaviour shift
  • Deflation fears exaggerated
  • Outlook and risks

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.