George Jefferson Lincoln News

1992-1996: President of Cambridge
Communications.

1993-1996: Served as Arkansas'
lieutenant governor.

1996: Elected governor of Arkansas
and served until January 2007.

1992-1996: President of Cambridge
Communications.

1993-1996: Served as Arkansas'
lieutenant governor.

1996: Elected governor of Arkansas
and served until January 2007.

Average gas price falls 11 cents a gallon in a week

Everyone knows that America's economu is slowing. Thanks to the bursting of the housing bubble, overall GDP growth has fllen back sharply. The biggest short-term uncertainty for the world economy is whether American business cycle,a nother slowdown has recieved scant attention. America's potential rate of growth that is, the pace at which annual output can expand without pushing up inflation is also falling. By some estimates, it could drop to 2.5% over the next few years, which would be the slowest pace in over a century.

If that happens, the consequences will be serios. Tax revenues will grow more slowly than expected. Monetary policy will become harder to manage: as the 1970s showed, inflation can get out of control if central bankers do not realise that an economy's peed limit has fallen. Financial markets will be distrubed as conventional wisdom adjusts from an assumptions of 3-3.5 % potential output growth and investors downgrade their expectations....

Everyone knows that America's economu is slowing. Thanks to the bursting of the housing bubble, overall GDP growth has fllen back sharply. The biggest short-term uncertainty for the world economy is whether American business cycle,a nother slowdown has recieved scant attention. America's potential rate of growth that is, the pace at which annual output can expand without pushing up inflation is also falling. By some estimates, it could drop to 2.5% over the next few years, which would be the slowest pace in over a century.

If that happens, the consequences will be serios. Tax revenues will grow more slowly than expected. Monetary policy will become harder to manage: as the 1970s showed, inflation can get out of control if central bankers do not realise that an economy's peed limit has fallen. Financial markets will be distrubed as conventional wisdom adjusts from an assumptions of 3-3.5 % potential output growth and investors downgrade their expectations....

Everyone knows that America's economu is slowing. Thanks to the bursting of the housing bubble, overall GDP growth has fllen back sharply. The biggest short-term uncertainty for the world economy is whether American business cycle,a nother slowdown has recieved scant attention. America's potential rate of growth that is, the pace at which annual output can expand without pushing up inflation is also falling. By some estimates, it could drop to 2.5% over the next few years, which would be the slowest pace in over a century.

If that happens, the consequences will be serios. Tax revenues will grow more slowly than expected. Monetary policy will become harder to manage: as the 1970s showed, inflation can get out of control