To access this post, you must purchase Federal Benefits Membership
Fragile Furniture, Strong Markets: Debunking the ‘One-Legged Stool’ Economy
Economists often use analogies and metaphors to explain what’s happening in the economy, even though these comparisons can be misleading. Last year, it was the K-shaped economy, with high-income households ascending while everyone else tanked, even though that wasn’t an accurate picture. This year, a new metaphor has taken over: some say the US […]
