stagflation
stagf lay shuhn
- n a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
- Admirers point to the positive developments that happened during Reagan's time in office: the hastened collapse of the Soviet Union; an economic turnaround from the stagflation of .
- This is one that is bringing back stagflation--that poisonous combination of economic slowdown and eroding currency we cured at a terrible cost back in 1981.
- Republicans tied Democrat after Democrat to the stagflation and foreign policy weakness of that era.