Feature Essay: On the Other Hand...
Presidential headaches aside, we need two-armed economists to anaylze the news
It’s a well-known story about Harry Truman and economist double-talk. “What I need is a one-armed economist,” President Truman said. He was weary from hearing a strong analysis of the latest data only to be hit with “but on the other hand.” Of course, we have to grant there are many major moving parts that form the U.S. economy, and it is vital that a…
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