Data released last week shows that economic growth has slowed significantly since the beginning of the year, to an annual rate of 1.1 percent from 2.6 percent in the previous quarter.
Great analysis, parsing proximate, or immediate, and ultimate causes. I'm reminded of Lincoln's Second Inaugural Address, where he said slavery was "somehow" the cause of the Civil War, but it was because of secession that "the war came." Jim Dueholm
Great analysis, parsing proximate, or immediate, and ultimate causes. I'm reminded of Lincoln's Second Inaugural Address, where he said slavery was "somehow" the cause of the Civil War, but it was because of secession that "the war came." Jim Dueholm