Get Ready For The Economic Rollercoaster

Abby McCloskey, The Dispatch, June 18, 2020

“Our nation’s top forecasters predict that we are nearing an inflection point in the economic recovery from the COVID-19 pandemic. Our polarized politics, coupled with a presidential election year and an evolving virus, are likely to understate the complexity, uncertainty, and continued adaptation that the recovery will involve. 

 Republicans are likely to emphasize the good—citing historic rates of improvement—and Democrats are likely to emphasize the bad—citing historic levels of damage—as if our giant and interwoven economy and her impending recovery can be understood in a binary way that fails to account for the full picture. “