More Thoughts on the Recession, Stimulus, and Recovery
As we get more data in, it seems increasingly likely that we are looking at a horrible and prolonged recession, not a complete economic collapse of Great Depression proportions. The May employment report showed a substantial bounce back in employment, with jobs up by more than 2.5 million from the April level. Retail sales had … Continue reading More Thoughts on the Recession, Stimulus, and Recovery
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