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by dragonwriter
1271 days ago
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The fact that you were responding to an incorrect description does not make your description that “The low unemployment rate indicates we’re likely either in or about to start a recession” correct. 1+1=3 is wrong, but that doesn’t make the response “1+1 is actually 1” correct. |
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1948, 1953, 1960, 1974, 1980, 2001, and 2008 all fit what I said.
1957, 1970, 1981, and kind-of 1990 are the exceptions.
As for the extended low unemployment... If you ignore the covid anomaly (as most people seem to since it wasn't a natural market reaction but caused by lockdowns), we're at the same 3 years of the previous maximum duration.