What is secular stagnation? what are its causes? what are the implications of secular stagnation for the US society well-being and what are the implications in terms of economic policy response.

Start the video at minute 9 and listen till the 24th minute , and then read this article http://blogs.reuters.com/lawrencesummers/2014/01/06/what-to-do-about-secular-stagnation/ (Links to an external site.)

and answer the following question in no more than 400 words:

What is secular stagnation? what are its causes? what are the implications of secular stagnation for the US  society well-being and what are the implications in terms of economic policy response, i.e How should we respond to secular stagnation in your opinion?

The video is :https://www.youtube.com/watch?v=5zXQ3cv-Ygc

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