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Discussion: (4 comments)

  1. FYI – it was from a strike resolution. Ritholtz covered this:

    http://www.ritholtz.com/blog/2013/08/reagans-million-jobs-month-revisited/

  2. It would slow down pretty quickly… right around when the unemployment rate got back to the mid-7s, coincidentally.

  3. Benjamin Cole

    The USA used to have robust recoveries…this time around is weaker than ever…and the PCE deflator headed to 1 percent.
    The Fed has a peevish fixation on inflation…monetary asphyxiation is the result…Japanland here we come…

    1. mesa econoguy

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