Commercial Printing Outlook: Forecasting a U-turn

"That is when what I call 'economic sclerosis' will set in and hold down the rate of economic growth to 2 to 2.5 percent which, over the longer term, means we are losing a lot of wealth creation," he contends. The increase in debt and bank reserves that should lead to a healthier 2010 and 2011 could bring on tax increases and new regulations that handcuff growth in the future, Davis believes. PI