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What is a "Goldielocks' economy? |
What is a "Goldielocks' economy? goldilocks economy Definition A term used to describe the U.S. economy of the mid- and late-1990s as "not too hot, not too cold, but just right." Some economists consider this optimal, and in such situations the government usually decides not to undertake any policy measures to improve macroeconomic performance. Source(s): http://www.investorwords.com/2203/goldil... Another "rosy" term used to convince us theres nothing wrong with the economy & that everythings fine. However I believe the 13,000 mark is nothing special at all & that the stock market could be at 20,000. Thats just me though seeing the glass more empty than full. in this market, supply side economists refer to today's economy with this name due to high corporate profits, and matching gains in taxes for the government. These economists point to the tax cuts of the Bush administration as finding the right balance for corporate growth and tax collections. For more info, goto wikipedia.com and loookup "Laffer Curve" |
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