Its GDP is growing – but relies upon mammoth, debt-fuelled deficits. Without this “stimulus” the U.S. would’ve been in recession since 2009. A “Remarkably Strong” Economy The consensus is convinced: from the GFC to the COVID-19 pandemic the U.S. economy was robust, and since the pandemic it’s been remarkably strong. Although consumer confidence has underwhelmed, over the past … [Read more...] about The consensus is wrong: America’s economy is chronically ill
Chris Leithner