When we started working in uncertainty to study emerging economies, we thought it was a one-shot affair. Fifteen years later, uncertainty is main stream macro.
It pains me to say it, but at this point it’s pretty clear your optimism is misguided. The power grabbers at the top seem to be actively attempting to crash the economy, which means these charts will be worth fuck all. Look up Peter Thiel and what he aims to do for the economy’s future.
Has there been any analysis you’ve seen on the economy with the drastic reduction in federal employment? Will that help the economy? Hurt it? Is it neutral? I haven’t found anything from the economist I follow. Can anyone point me in the right direction for this info?
Never nearly this high in his first term (excepting the COVID shutdowns), with several experienced hands in the Cabinet operating the levers and pulleys.
your optimism is destined to be battered on a daily, maybe hourly, basis by a deliberate tsunami of venal and breathtakingly ignorant fiats of this sham government until your optimism is shuddering and tachycardiac on the sidewalk.
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I dunno, I see that as an existential threat to the USA. If there's no government, how will you even know what the GDP is? 🤷