Source: Cato Institute
by Scott Lincicome
“or decades now, pessimists on the right and left — and especially in politics — have talked down the U.S. economy and talked up whatever economy might happen to be riding high at the moment, usually thanks to gobs of government subsidies and other seemingly brilliant economic plans coming out of their capitals. Yet time and again, the American Prosperity Machine proves the naysayers wrong and forges ahead. This time, it appears, is no different. And, while the U.S. economy surely has some issues (our messy politics being one of them), the latest data beg today’s naysayers to answer a simple question: Where else would you rather be?” (10/30/24)