BluePerspectives

Experts thought they knew how the economy worked. After the pandemic, they’re not so sure.

The American economy was never simple but it was at least somewhat understandable — until the pandemic shook even the most basic assumptions. Experts told The Hill that this week. From the recession that never happened, to unemployment and inflation, the reason inflation took off, to disconnect between…

 Experts told The Hill this week that while the American economy was always straightforward, it was at least somewhat understood up until the pandemic upended even the most fundamental presumptions. From the unplanned recession to the connection between unemployment and inflation, the initial cause of inflation’s rise, and the disconnect between… Experts told The Hill this week that although the American economy was always straightforward, it was at least significantly understood up until the epidemic upset even the most fundamental presumptions. From the nonexistent recession to the connection between unemployment and inflation, the initial cause of inflation’s rise, and the discrepancy between… 

The American economy was never simple but it was at least somewhat understandable — until the pandemic shook even the most basic assumptions. Experts told The Hill that this week. From the recession that never happened, to unemployment and inflation, the reason inflation took off, to disconnect between…

  

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