What Binyamin Appelbaum said:
Growth remains slow despite the Federal Reserve’s campaign to stimulate the economy. Predictions of faster growth, followed a few months later by disappointment, have become an annual ritual.
What Keynes said:
[We assume] the existing state of affairs will continue indefinitely, except in so far as we have specific reasons to expect a change.
What I said:
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| From yesterday's post: High GDP growth soon, using my lowest projection |
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