TY - JOUR T1 - The Economic Environment for Successful Turnarounds for the Next Two Years JF - Turnaround Management SP - 41 LP - 49 VL - 2003 IS - 1 AU - James F. Smith Y1 - 2003/03/20 UR - http://guides.pm-research.com/content/2003/1/41.abstract N2 - In his article, Dr. James F. Smith reminds readers that despite all the gloom and doom, the U.S. economy is the strongest in the world, with low inflation and low interest rates. He believes that the outlook is excellent for successful turnarounds in the next two years. He outlines why President Bush's tax proposals would be good for the economy and why economic efficiency would be improved by repealing the federal income tax and replacing it with a flat tax on spending. ER -