I saw these two articles and, at first, thought that they were totally different in their perspectives on the American economy. One of them is decidedly optimitistic and the other is more pessimistic.
But when I began to read each of them, they essentially say the same thing: that, based on recent economic indicators, Americans are doing fairly well. At least we are no where near "Stagflation," or recession.
Have a read and then leave a note.
Stagflation Nonsense by Larry Kudrow
The Global Locomotive Loses Steam (The Economist)
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