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Can the US avoid an economic recession?

Despite the persistent post-Covid strength of the US jobs market, the preponderance of evidence in recent months strongly suggests it will be hard to avoid a recession in 2023. Rapidly increasing Federal debt levels preclude significant…

Joe Biden’s new presidential bid

On Tuesday, April 25th, President Joe Biden formally launched his campaign for a second term in 2024. The chosen day was not a coincidence: it is the same in which exactly four years ago he announced he would run for president. First and…