I subtitle this post “The Shadow of ShadowStats” which is now offline and available only by subscription. Referring to under-estimated inflation, Peter St. Onge (Heritage) and Jeffrey Tucker (Brownstone Institute) argued in June that not only are we now in a recession, we’ve been in recession for the past four years! They note that John … Continue reading “we never left the recession of March 2020 and … everything has been getting gradually worse”