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The Economy in Perspective

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Whither government? … Welfare as we know it is ending. The same can be said for agriculture, national defense, health care, and (though few public officials will openly admit it) Social Security. After many decades of vigorous expansion, big government has become politically discredited. What next?

Suggested citation: “The Economy in Perspective,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-08, pp. 01, 08.01.1996.

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