9 Comments
User's avatar
Jeoffry Gordon, MD, MPH's avatar

BRAVA! YOU GO GRRL!

Expand full comment
The Lubke Family's avatar

Thank you for clear vision in murky times.

Expand full comment
GoodHouse's avatar

Hi Claudia - I’m curious what your views are on a federally funded, locally administered job guarantee? It seems crazy to me we allow people who are willing and able to work spend so much time unemployed. Any objective look at capacity utilization rates and labor force participation shows the economy is operating below its potential. There is ALWAYS work to be done! As you’ve rightly pointed out, losing a job is devastating. It seems to me that guaranteeing employment would work counter-cyclically, and eliminate the need for the automatic stabilizers you mentioned (not to diminish the incredible work you’ve done in this regard and your namesake rule!). Curious to hear your thoughts.

Expand full comment
Charles Browning's avatar

Thank you, Claudia. Your perspective is so helpful and even hopeful. Whatever happens.

Expand full comment
Peter Paul Santa Ana's avatar

Larry S probably has good intentions however his ego makes him seem apathetic to humans. Regardless, I very much subscribe to your macro economic expertise and thank you for the Sahm Rule.

Expand full comment
Paul Dandurand's avatar

Might there be a way to determine when/if a false fear of a recession would be self-inflicting? Could enough business executives and household consumers pull back to counter all other factual logic that the economy is growing, where only that fear reaction in itself turns the tide into a recession? (Personally, I’m bullish.)

Expand full comment
Dino's avatar

Great article. I hope your study is wrong in 2023 and beyond. If it isn’t let’s hope that the Fed doesn’t sit on their hands.

Expand full comment
Greg Costigan's avatar

Keep doing your thing Claudia. You’re a positive light in a profession of old duds.

We need new ways of thinking, like yours.

Expand full comment
Vladislav Gordic's avatar

Good article. In times of uncertainty and certain hardship, we must give a keen ear to the voice of reason.

Expand full comment