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Barbara Mullen's avatar

Thank You for this cogent look at the facts. This is valuable information in fighting the misinformation and deliberate delusion coming from Republicans today. It is an essential step in avoiding the bottomless pit of culture wars.

I intend to make full use of these.

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Sacha Millstone's avatar

This is excellent, Simon. The long term perspective is essential and striking.

I do want to bring something to your attention because it’s important that we prepare communications. It is quite possible we may enter a recession sometime this year. It is possible a recession may be avoided, but looking less likely. The Fed needed to slow down our economy to get inflation down and their interest rate hikes are working. We appear to be at a place on this path where we will start to see more layoffs, lower corporate earnings and less job openings in coming months. Powell has said the Fed is confident about their tools to stimulate the economy if necessary. That’s what they learned in the pandemic. I am only mentioning this because the timing could be just before or entering an election year. I think we need to give this some thought. (My profession is Financial Planning & Investments for individuals and families.) Happy to help in any way I can...

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