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Answer for the clue "Double-whammy economic condition ", 11 letters:
stagflation

Alternative clues for the word stagflation

Word definitions for stagflation in dictionaries

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
1965, apparently coined by U.K. politician Iain Macleod (1913-1970), from stag(nation) + (in)flation .\n\nAttacking the Government's economic policy last night in the House of Commons, Mr. Iain Macleod (West Enfield - Con.) the Opposition spokesman on Treasury ...

Longman Dictionary of Contemporary English Word definitions in Longman Dictionary of Contemporary English
noun EXAMPLES FROM CORPUS ▪ Most of the downtown bread stores have been driven out of business by stagflation . ▪ This will be difficult to do in a period of stagflation .

Wiktionary Word definitions in Wiktionary
n. (context economics English) inflation accompanied by stagnant growth, unemployment or recession.

WordNet Word definitions in WordNet
n. a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)

Usage examples of stagflation.

There was double-digit stagflation, gasoline lines, and interest rates were up 20 percent.

Social Security survived World War II, the Cold War, Vietnam, the sexual revolution, oil shocks, stagflation, and the demise of Kozmo.