Nope, but I sure as hell am not going to accept at face values economists linked to the Fed at first blush without some corroborating evidence.
Furthermore, since everything I pick up has Made-in-China or some other third-world country, and very few things I can put my hands on actually state they are made in America, I find the study highly susceptable.
Just anecdotal evidence, but still, its’s evidence none the less.
You are right and he and Walter Williams are dead wrong.
I also see everything made in China or some other country.
We have no jobs, but massive and growing debt.
China is making things and so they are lending trillions to the U.S.. The borrower is the slave to the lender.