Even so, he expects the shift to start to accelerate.
Economic data released last Friday showed that the tempo of economic growth in China barely slowed in the third quarter despite these measures, and suggested that the Chinese economy may have started to accelerate again in September as the effects of the initial controls began to wear off.
Once an ice stream starts to accelerate, it may be impossible to stop.
But even as government investment starts to accelerate, private investment is declining, which may endanger more jobs.
"Medical care costs have started to accelerate somewhat," Mr. Jackman noted.
"The trends are really starting to accelerate for this to being more mainstream.
Lately, there has again been talk of skills shortages, and earnings growth has started to accelerate.
The slide in regional bank stocks really started to accelerate after the Federal Reserve started pushing up interest rates.
Over 2007-2011, European venture started to accelerate.
