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Boing! Was that America’s economy hitting bottom—and bouncing back?
CBE Dean Romero to offer perspective on prognosis for
recession’s end, outlook for inflation
Los Angeles, CA – How much longer and deeper will the economic recession run? Are recent hopeful signs actually "green shoots" or merely a false dawn?
Those will be among the questions Philip J. Romero, dean of Cal State L.A.'s College of Business and Economics, will address when he presents "Are We There Yet? Has the American Economy Hit Bottom, and How Fast Will it Grow on the Other Side?" Thursday, Aug. 13, at 4:30 p.m. in Simpson Tower, room F122. The talk is free and open to the campus community.
Formerly a professor of finance and business dean at the University of Oregon and chief economist to then-Governor Pete Wilson of California, Romero will share his personal perspective on the current state of the national economy and some of the likely challenges that will follow the recession.
"For example, Can we expect—as many commentators argue—higher inflation in the future?" he asks. "There is great disagreement among economists and market commentators on these issues."
Romero is completing a book on economic trends expected over the next 20 years that will affect retirees' "nest eggs."
* College of Business and Economics at Cal State L.A.: http://cbe.calstatela.edu/
* Philip Romero discusses California budget on NPR (July 22, 2009): http://www.npr.org/templates/story/story.php?storyId=106894685
* Campus event calendar: /univ/calendar/
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