On all of these issues, historically-minded economists were right. Those who said that there would be no downturn, or that recovery would be rapid, or that the economy’s real problems were structural, or that supporting the economy would produce inflation (or high short-term interest rates), or that immediate fiscal austerity would be expansionary were wrong.
在所有这些问题上，重视历史的经济学家都说对了。说经济不会下行者、说会有很快复苏者、说经济的真正问题乃结构性问题者、说支持经济会导致通货膨胀（或短期利率高企）者、说立刻采取财政紧缩将收到扩张性效果者都错了。不是错一点，而是大错特错。