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Just Guessing

Posted in 2020 elections, Uncategorized Tagged with: , ,

People are searching for a way to talk about the economic consequences of the Covid-19 pandemic.  Veteran economic journalist Robert Samuelson wrote last week in The Washington Post, “For the first time in my life, I think a Depression is conceivable.”  The Financial Times Saturday led the paper with a four-column headline: “Global Economy set for deepest reversal since Great Depression.” Robert Gordon, a member for more than forty years of the Business Cycle Dating Committee of the National Bureau of Economic Research, wrote to say: “Thinking ahead to the ultimate data that the Bureau of Economic Analysis will release