But what about short-term fluctuations? Where are we in the so-called business cycle? I don’t think economists are good at forecasting the ups and downs of the economy, but I did mention the factors that might contribute to a downturn in this interview with Dana Loesch.
Dana isn’t the only one interested in this topic.
The New York Timesopined today about the state of the economy.
…the American economy has a lot more power…, and it’s making a lot of noise. …While Mr. Trump praised himself effusively…the stock market seemed unimpressed. …That’s because if you look down the line, there are few clear reasons to be so enthusiastic.
I suspect the editors at the NYT are somewhat motivated by a desire to make Trump look bad, but I…
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