Concern About the US Economy

It’s midyear 2011, and experts have begun to worry that the United States might not be able to overcome stagflation, which in the long run could lead to deflation.
Concern About the US Economy
RISING PRICES: People walk through a mall last month in New York City. Fears of stagflation in the U.S. economy are on the rise. Stagflation happens when the economy has slow growth, unemployment has risen to record heights, and prices are rising, or the country is in an inflationary stage. Spencer Platt/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/mall_117527079.jpg" alt="RISING PRICES: People walk through a mall last month in New York City. Fears of stagflation in the U.S. economy are on the rise. Stagflation happens when the economy has slow growth, unemployment has risen to record heights, and prices are rising, or the country is in an inflationary stage. (Spencer Platt/Getty Images)" title="RISING PRICES: People walk through a mall last month in New York City. Fears of stagflation in the U.S. economy are on the rise. Stagflation happens when the economy has slow growth, unemployment has risen to record heights, and prices are rising, or the country is in an inflationary stage. (Spencer Platt/Getty Images)" width="320" class="size-medium wp-image-1801368"/></a>
RISING PRICES: People walk through a mall last month in New York City. Fears of stagflation in the U.S. economy are on the rise. Stagflation happens when the economy has slow growth, unemployment has risen to record heights, and prices are rising, or the country is in an inflationary stage. (Spencer Platt/Getty Images)
Heide B. Malhotra
Heide B. Malhotra
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