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Opinion
Gary Shilling

The Boom Is Coming, and Sooner Than You Think

Economist Gary Shilling disagrees with the pessimists who believe that persistently slow growth will be the norm for years to come.
Don't worry -- Harvard's still worth it.
Don't worry -- Harvard's still worth it.

I disagree with the economic pessimists who believe, as I outlined in yesterday's column, that persistently slow growth will be the norm for years to come.

Yes, huge federal government deficits and debt are a major drag. It's also true that budget surpluses aren't likely to materialize to shrink the $17 trillion-plus national debt, even if growth resumes.