Sunday, July 30, 2017

Show me where in this job series the stimulus had an effect

We are hearing, once again, the old Romer canar that all things happen in the Swamp. 

So where is the jobs bump? We cannot see it?  How is this jobs cycle different from any of the others.

If you look closely one can see a tiny blip at the point of stimulus impact, but it immediately settled to trend.  That blip is more in tune with Taylor's report on jobs impact.

Her assumption is wrong, all hings are not caused by Swamp moves.

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