How Keynesians Got the US Economy Wrong… Again
15th July 2025
In the past six months, a chorus of analysts and commentators warned of an impending collapse of the US economy.
Many predicted that persistent inflation, high interest rates, and ballooning government deficits would drag growth to a halt and trigger a recession.
However, the data tell a different story: the United States demonstrates economic strength, fiscal control, and improving inflation expectations.