I wish to once again flag this: Recession Ready. We are not yet out of time to take steps to keep the next recession from turning into a depression. But the clock is ticking. Here is an issue are in which the sooner we take action, the better. And here we at Equitable Growth and the Hamilton Project have, I think, done a very good job: Equitable Growth: Recession Ready https://equitablegrowth.org/recession-ready-2/: "Economic recessions are inevitable and they are painful, with harsh short-term effects on families and businesses and potentially deep long-term impacts on the economy and society. But we can ameliorate some of the next recession’s worst effects and minimize its long-term costs if we adopt smart policies now that will be triggered when its first warning signs appear. Equitable Growth has joined forces with The Hamilton Project to advance a set of specific, evidence-based policy ideas for shortening and easing the impacts of the next recession...
#noted #macro #2017-10-27
