Some political and economic pundits are saying the U.S. economy is on target for a booming post-Covid recovery.

Some political and economic pundits are saying the U.S. economy is on target for a booming post-Covid recovery.

  • Post published:June 25, 2021
  • Post category:News
With rampant inflation, increasing national debt, workers reluctant to return to work and other issues play, not everyone agrees.  
 
In fact, Economist Elliot F. Eisenberg, Ph.D., has this to say in his ’70 Words on the Economy’ daily blog:  “Many commentators suggest that since the Roaring 1920s followed the Spanish Influenza pandemic of 1918, the Roaring 2020s will follow Covid-19. Wrong! Back then the median age in the US was 28, today it’s 38. Then, debt-to-GDP was 10%, now it is 110%. Then, exports boomed as Europe was busy rebuilding after WWI, now they are shrinking. Back then, taxes were being cut, now they are being raised.”
 
Learn more about Elliot Eisenberg, also called ‘The Bowtie Economist,’ and sign up for his daily blog HERE.