Is There Any Argument for Slow Growth?

In theory, what if you could really press hard down on the accelerator? And perhaps one of the benefits of a low interest rate regime, and essentially force the supply side to invest. So i don't think the evidence is clear that you can jump all the way to history sas. But it does say something at the speed of your pushing. We just went through very high unemployment. Historisa says right now the natural rate is higher than it was when we began this episode. It appears to be leading some members of congress to think twice about fiscal measures because they're concerned about inflation. I think that's a mistake by the way in which people are starting to start encouraging more spending