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Founder of MacroPolicy Perspectives, UT Austin Prof, former chief economist at various financial firms, former Fed economist, passionate about macro & family
He's just citing the same complaint as in the OP which, as I've pointed out, can be explained by a decrease in the # of self-employed and household health workers.
The person in my Twitter link is also a real economist.
This playbook is getting old, Democrats / Leftists disregarding everything from someone they don't like or isn't sufficiently credential'd to their liking in order to conveniently dismiss inconvenient arguments.
If the data is valid, and the argument is sound, it does not matter who is making it
This playbook is getting old, Democrats / Leftists disregarding everything from someone they don't like or isn't sufficiently credential'd to their liking in order to conveniently dismiss inconvenient arguments.
If the data is valid, and the argument is sound, it does not matter who is making it
Ok, but you're also gatekeeping "the facts". Truth is, economists can come up with three explanations for any data point. No one can predict whether the job market will collapse in the future. Economists make educated guesses. Will jobs tank in the future? I dunno, I read OP, and I read the Economist on twitter. Both make reasonable arguments based on data. We won't know for some time who is right.
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