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Channel: Macrobits by Marshall Auerback » Demographics
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Demand and demographics are not synonymous

“For the proposition that supply creates its own demand, I shall substitute the proposition that expenditure creates its own income” – John Maynard Keynes  There is little question that private sector...

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Final thoughts on the US election

The high unemployment rate was an almost impossible headwind for the President. It is said that no one since FDR ever won the presidency with eight percent unemployment. True. But the FDR exception...

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