Who has forgotten severe downturns? Were in the same one that started with the collapse of the Fed-fueled housing bubble
Ah, somehow I'd thot we were all looking at BLS numbers for employment and the BEA's figs for gdp. Agreed, by basing trend views on say, shadowstats etc. we can easily come down to an inescapable conclusion that everything bad's come from the Fed.
Official BLS and GDP numbers haven’t been credible in a long time.