Are We in Recession?

Economists have base lined theories about what the economy should do. But a pandemico war and supply chain woes have widened the gap between economic data and people's experiences of that reality. And then you throw in the political angle. There are some people who are highly motivated to convince everyone around them that we're in recession at the mitlartisan reason, because it's a midterm year. Nobody should be surprised that when you get to two contracting quarters of g p that people are going to seize on that and use it to tell a bigger story.

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