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Tag: It's different this time

  • Declining Productivity 230523

    Declining Productivity 230523

    Under the guise of “it’s different this time”…there’s reasoning that we’ll avert a recession because unemployment is so low (near 60 year lows). I can see the logic of that argument because workers are flush with cash and you can always count on the American consumer to spend until they’re beyond broke.  Several years ago…