Control Panel: Soft landing in progress?

Investment Analysis Clubs Macro Economic Trends and Risks
21

There are stages to supply side econ.

Friedman wrote elaborate books on his theories. The theories were entirely wrong. Samuelson with metrics proved each one of them was wrong.

After HW the country allowed corruption. The first shot of corruption though was Reagan’s second tax cut.

The real problem by 2008 we needed to change course in the aftermath of the financial crisis. We are only changing course now.

Note not one person in the US is touting supply side economics.

22

Assuming they are getting paid then the money still circulates in the economy. It doesn’t sound contractionary. Maybe low growth?

DB2