The specter of stagflation has returned. On April 25, the Bureau of Economic Analysis announced that gross domestic product only grew by 1.6 percent in the first quarter of this year, well below expectations.
Alfredo Ortiz
Author
Alfredo Ortiz is president and CEO of Job Creators Network and author of “America’s Real Race Revolutionaries: How Minority Entrepreneurship Can Overcome America’s Racial and Economic Divides.”