The U.S. economy will be saddled with some burdensome obstacles in 2008, according to economist Michael Knetter, dean of the University of Wisconsin School of Business in Madison. Knetter, a former economic advisor to Presidents George H.W. Bush and Bill Clinton, provides his macroeconomic outlooks annually at the Northern Trust Economic Trends Breakfast. Small Business Times executive editor Steve Jagler recently interviewed Knetter about the economic outlook for 2008. The following are excerpts from that interview.
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