Word: superlow
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Dates: during 1990-1999
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...shored up so it can continue to keep the elderly out of poverty, come what may: recession, a stock-market crash, a flare-up of inflation or even all these things together. In the unlikely event that the economy continues to show its remarkable combination of superfast growth, superlow unemployment and superlow inflation for another decade or so, and the stock market soars even further into the wild blue yonder, then this program could be softened. Some ideas: restore full COLAs; do not increase the "normal" retirement age beyond 67, and set the earliest at 60; grant income tax deductions...
...think before you spend. Before going back to the abacus, however, know that the skeptics are still outnumbered by economists and executives who insist that business on the whole is more productive. Economist Allen Sinai of Primark Decision Economics points out that the U.S. has lately enjoyed "superstrong growth, superlow inflation and a superlow unemployment rate." That could not happen if productivity were really as low as the official figures indicate, he says; the numbers--er, do not compute. So productivity must be increasing faster than calculated, and one likely reason is computerization. Maybe the experts need somebody...