The article is about a survey of 38 business economists. They don’t control inflation either.
NEW YORK (AP) — Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday.
Only 24% of economists surveyed by the National Association for Business Economics said they see a recession in 2024 as more likely than not. The 38 surveyed economists come from such organizations as Morgan Stanley, the University of Arkansas and Nationwide.
The survey contains such rosy news as:
Panelists anticipate further slowing in core inflation—excluding food and energy costs—but doubt it will reach the Federal Reserve Board’s 2% target before year-end 2024
and
Fewer respondents than in the October 2023 Outlook survey expect a recession within the next 12 months, with more than three in four assigning a probability of 50% or less.
Neglecting to mention they surveyed 52 persons in October and 40 persons in December.
That’s a great way to get an over response from the Western World. I know they don’t love us after we supplied the Saudis but this is just stupid. They gain nothing and give the west an incentive.
I’m missing comments, including my own so replying correctly is a but difficult. I want to say thanks for all the interesting comments, and it is definitely not as black and white as I thought!
Ugh… the “Roosevelt knew about Pearl Harbor” types are going to go crazy about this - I suppose it’s simply too much to understand that the Israelis aren’t the supersoldiers their propaganda makes them out to be.
In my state I have done traveling therapy where I’ve traveled 200+ miles per day for months. This was in mostly rural areas. It’s ineffective and inefficient.
Incredibly wrong answer. Rural areas have always had issues with counseling and lack of clinicians. To make it worse, rural areas have crap internet access. Personal experience with both.
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