GT Progressive News: My God people, the CBO is projecting a $15.7t shortfall in nominal GDP over the next decade, 5.3% below pre-pandemic forecast. The shortfall from 2008-2018 was 6%. The FORECAST is nearly as bad as that miserable experience. Don't lose the thread.

Saturday, June 6, 2020

My God people, the CBO is projecting a $15.7t shortfall in nominal GDP over the next decade, 5.3% below pre-pandemic forecast. The shortfall from 2008-2018 was 6%. The FORECAST is nearly as bad as that miserable experience. Don't lose the thread.

My God people, the CBO is projecting a $15.7t shortfall in nominal GDP over the next decade, 5.3% below pre-pandemic forecast. The shortfall from 2008-2018 was 6%. The FORECAST is nearly as bad as that miserable experience.

Don't lose the thread.https://t.co/8KXXL4SZHx
— Neil Irwin (@Neil_Irwin) June 6, 2020