Episode 167: Viewing the World Through Panic-Tinted Glasses
Words & Numbers
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The Cost of Unemployment in the Second Quarter
It will be a couple of years before we have any data here at all to make any kind of comprehensive case. So literally everybody who makes that big picture case about anything prior to the data coming in two years down the road is probably lying to you. The real question then becomes, okay, we took this massive hit in the second quarter. And I think the fourth quarter will start to look a lot like last year.
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