The WSJ’s latest survey shows that forecasters expect higher inflation than they did in October—but also higher GDP growth.

Article discusses challenges facing the U.S. economy, including high debt, Baby Boomer retirement, inflation, and federal budget deficits.

In the words of the editorialists, “China’s economy remains in the doldrums,” and “In hopes of pulling the country out of this hold, Chinese leaders are stepping on the gas for exports.” The bet here yet again is that the writers could be persuaded to rethink their pessimism about production and exports,