The last decade experienced slow but steady growth of about 2%. Then Covid-19 arrived, and the country and the world went on lockdown in early 2020. The U.S. economy lagged in the second quarter with the worst quarterly growth rate ever recorded in real Gross Domestic Product (GDP). Technology visionaries such as Elon Musk are plotting a path to Mars, unlike Earth-bound economists who keep struggling with more mundane issues such as:
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Thomas Goho, Ph.D. is formerly the Chief Economic Consultant for Stephens Inc. He also served as the Co-Director of Stephens University at Wake Forest University.
Viewpoint | A Stephens Inc. Economic and Financial Commentary - July 1, 2022...