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What reason why the US slipped into a deep economic recession in 1982?
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What reason why the US slipped into a deep economic recession in 1982?

User Peter Schuetze
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Because of stagflation due to the oil crisis and the energy crisis combined with the Federal Reserve's contractionary monetary policy, the United States slipped into a deep economic recession in July of 1981 to November of 1982. 
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