Predicting record-breaking expansion is fantasy
ECRI's Lakshman Achuthan spoke with Gerri Willis about why budget predictions, based on presumptions of a record-breaking pace of growth and length of the expansion, is just fantasy.
Econometric model forecasts used by the Administration, their opponents, and the non-partisan Congressional Budget Office are all understating the likelihood of more frequent recessions in the coming decade.
Econometric model forecasts used by the Administration, their opponents, and the non-partisan Congressional Budget Office are all understating the likelihood of more frequent recessions in the coming decade.
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