Relevant and even prescient commentary on news, politics and the economy.

Housing continues in the doldrums, but its decline failed to give rise to a post-pandemic recession

 – by New Deal democrat When it comes to housing, the post-pandemic economy has been odd. That’s because, as of last year by all accounts housing had deteriorated  sufficiently that a recession should already have begun. Not only did that not (quite) happen, but the current situation would be more congruent with such a recession ending […]