Which is more realistic? McGovern in '72, Mondale in '84, or Dole in '96?

The phase of "broke" inflation, to me, smacks of the whole austerity approach.

The single most important number is quarterly growth rate. In a recession, the growth rate can easily be -1%, which means we're producing one percent less goods and services than the same quarter last year. An advanced modern economy can have a healthy sustainable growth rate of 3%. Emerging economies like China can have higher growth rates.

these are my own views, I'm not an economist either!
 
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