People’s perception of the economy rarely reflects reality. Inflation results from growth; people think it means the economy’s bad. Recession will come eventually. They’re usually non-events, except for the unfortunates laid off. No leading indicators currently show that one’s likely in the next 12 months. Core inflation is already around the point where Volcker declared victory in the 80’s. Odds for the Fed achieving its goals without job losses are rising.
A DINO is a good choice to illustrate what is wrong in our government. How many billionaires are suffering from the economy? Which big oil companies are laying off executives because of profits being lost ?
Cheapskate0 over 2 years ago
Well, he‘s back. Scott, that is.
William Robbins Premium Member over 2 years ago
People’s perception of the economy rarely reflects reality. Inflation results from growth; people think it means the economy’s bad. Recession will come eventually. They’re usually non-events, except for the unfortunates laid off. No leading indicators currently show that one’s likely in the next 12 months. Core inflation is already around the point where Volcker declared victory in the 80’s. Odds for the Fed achieving its goals without job losses are rising.
Grace's Border Security & Duct Tape over 2 years ago
Joe told us to expect the economy to moderate. Translating LeftySpeak to normal English, we should expect a full blown depression
RobinHood over 2 years ago
Just in time for Jurassic World: Dominion on Thursday
RobinHood over 2 years ago
BTW check today’s Peanuts
christelisbetty over 2 years ago
A DINO is a good choice to illustrate what is wrong in our government. How many billionaires are suffering from the economy? Which big oil companies are laying off executives because of profits being lost ?