February 28, 2018

When Good Is Bad

The good economic news is actually bad. Here’s why.

”Between 2008 and the third quarter of 2017, the net worth of U.S. households surged from $56 trillion to $97 trillion (Good news? Remember, that’s an oxymoron), but “previous busts — in the mid-2000s and the late 1990s — were preceded by periods of rising asset values and especially low saving.”

George Will

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