New York Times (November 9)
The U.S. economy “has accomplished what many, perhaps most, economists considered impossible: a large fall in inflation without a recession or even a big rise in unemployment.” A recent Goldman Sachs report declares “The Hard Part Is Over,” making the case “that we’re managing to combine rapid disinflation with solid growth, and that it expects this happy combination — the opposite of stagflation — to continue.”
Tags: Accomplished, Economists, Economy, Goldman Sachs, Growth, Impossible, Inflation, Rapid disinflation, Recession, U.S., Unemployment
The Guardian (September 12)
“Here the issue… is that a British prime minister persists in asserting the impossible. He demands that Britain leave the European single market but with a gaping hole in its border, in Ireland. He wants a border and no border.” A no-deal Brexit would cause “chaos” in a worst case scenario, but “in Ireland it is physically impossible.”
Tags: Border, Brexit, Chaos, EU, Impossible, Ireland, No-deal, Prime minister, Single market, UK
