Tag: growing economy
How the Recession Doomers Got the U.S. Economy So Wrong
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In 2022, it was a matter of conventional and nearly universal wisdom that the 2023 economy would be a nightmare.
Last October, a Bloomberg economic model said that the odds of a U.S. recession this year were 100 percent. No, not 99.99 percent, as in the odds that you’ll avoid
America’s Dysfunction Has Two Main Causes
How has America slid into its current age of discord? Why has our trust in institutions collapsed, and why have our democratic norms unraveled?
All human societies experience recurrent waves of political crisis, such as the one we face today. My research team built a database of hundreds of societies across 10,000 years to try to find out what causes them. We examined dozens of variables, including population numbers, measures of well-being, forms of governance, and the frequency with which
Biden Can Still Turn His Presidency Around
Ronald Reagan did it. So did Bill Clinton. Barack Obama did as well.
Can Joe Biden do it too?
After a difficult first two years in the White House, Reagan, Clinton, and Obama each rebuilt enough public support to win a second term—not long after many observers had labeled them fatally damaged by their early setbacks.
Although the specific environment and challenges confronting those three presidents diverged in many ways, the trajectory of each man’s first term followed the same