If anything, it may be speeding up. Control of government spending . This is the most difficult to predict, but at least for the next few months things look pretty good. In fact, the prospects for correcting the consumer price index are increasing, which could mean savings of hundreds of billions of dollars. There is not even a whiff of any major new government regulatory programs.
Pressure is still strong to reform and reduce regulation.
Stable monetary policy . Alan Greenspan is good for another four years. After that it depends a good deal on who succeeds him. Steady economic policy . There seems to be a developing unanimity on the key policies necessary for economic growth.