Comments for Parting Ways with the Pessimists at http://www.cepr.net , comment 1 to 1 out of 1 comments http://www.cepr.net Wed, 22 May 2013 20:56:07 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/cepr-blog/parting-ways-with-the-pessimists#comment-14806 Your argument seems strong ... right up to the point that you blame the pessimists for public acceptance of low growth. The pessimists have been mainly warning that austerity could send the economy back into recession. You argue that government cutbacks "will likely be much smaller than the ones we have seen thus far." Not so if the stated plans of any the leading Republicans is actually put in place. That is not a negligible risk. I haven't seen an argument by any economist that coupled recession pessimism and complacency about slow growth. Quite the reverse. And in any case, "the public" does not follow economic debates nearly so closely as you imply. How the public feels about slow growth will be largely determined by their personal circumstances not by the views of the economic commenterati. - John Dougherty Wed, 15 Feb 2012 06:20:47 +0100