In general terms, how, according to the Council of Economic Advisers, did the U.S. economy in 1989 contrast with the U.S. economy in 1981?

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In general terms, how, according to the Council of Economic Advisers, did the U.S. economy in 1989 contrast with the U.S. economy in 1981?

In general terms, how, according to the Council of Economic Advisers, did the U.S. economy in 1989 contrast with the U.S. economy in 1981?
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The Council of Economic Advisers described the U.S economy in the year 1981 as bleak, which it made it seem like the US economy would face a bad hit in the near future. But in contrast, on the year 1989 the economy was well and steadily improving.



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