Waiting for the Maxine Waters--Marjorie Taylor Greene White Paper

 

       Waiting for the Maxine Waters--Marjorie Taylor Greene White Paper        

According to Parker: “Economists who think the end of this recession will look like the last one aren’t looking at the data. Household balance sheets, state finances, income, all in better shape than pre-COVID & we haven’t even fixed the cause of recession.”

What this implies is unnerving.  Despite the devastation caused by the Virus and the government response, the American households are strong. Does that mean that the social events and lives are bad for us economically? Or the service industry is so insignificant that it doesn't show up in an analysis of the economy? Or is the service industry perhaps all under the table and thus unmeasurable?

Whatever the distortion, some politician will come up with a goofy explanation over drinks. And there will be the predictable and goofy response.