This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
KSU Economist Predicts Prolonged Recession and High Rates
Kansas State University economist Ted Haggart warns that a weak economy will persist into early 1981 with prime rates around 20 percent and monetary policy kept tight by the Federal Reserve. He cites slow inflation reduction, slower growth, and high unemployment as necessary to lower rates and stabilize credit. He notes potential tax changes and spending cuts could ease demand for credit and help housing and autos recover.
MENTIONED IN THIS ARTICLE
Manhattan
Kansas State University
Ted Haggart
Haggart
Pridge Bank
Federal Reserve
O' Haggart
Fed
Reagan
Congress
Reagan Administration
U.S