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The Cooky in the Sky Landing? Yes, It's a Soft Landing!
Right wing economists are concerned about stagflation, but the White House doesn't want to talk about it. The most likely place we're going to be if stagation means a rising un employment and still high inflation is to weaif stagflation means alast tell lot of years peras of the next couple of years. We've never had a moment when unemployment was below four, inflation was above four, and we avoided recession for the next subsequent two years. And instead, the solution that we see coming from this administration is, hey, just reduce your costs of goods - what happens? Businesses will stay home because they don't have enough money or interest rates won't go up as