Paul Kasriel Quotes
Households have not meaningfully repaired their balance sheets since the onset of the last recession... Households are not 'better positioned' than they were earlier to boost outlays as their wariness about the economic environment abates. If anything, they are more poorly positioned to do so.
Tweet
Households | Meaningfully | Repaired | Balance | Sheets |
comments powered by Disqus
These are supply-side effects. A president has more to do with supply-side policies and effects than demand-side effects.
- Paul Kasriel
