J Robert Smith
- Aug. 19, 2019
- 2 min read
These three things are all true: The United States almost certainly isn’t in a recession right now. It may well avoid one for the foreseeable future. But the chances that the nation will fall into recession have increased sharply in the last two weeks.
— New York Times, August 16 1969
White House economic adviser Larry Kudlow said Sunday that “there’s no recession on the horizon.”
— Fox News Sunday, via Real Clear Politics, August 18, 2019
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