美国正面临增长减速、通胀加速，亦即滞涨，这个突出的问题令人们开始质疑决策者的胜任能力以及他们的经济模型的适当性。
The United States was confronting slowing growth and accelerating inflation, or stagflation, a novel problem that raised questions about policymakers’ competence and the adequacy of their economic models.