Proof-of-first.
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Given history of US business cycles, he'll be almost certainly right, whether or not his causal mechanisms is correct. Plus, he won't bet his portfolio/reputation Date/TimePeriod & direction/magnitude of GDP% change. http://www.themoneyillusion.com/?p=32743 pic.twitter.com/75ZKRCZVuL
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FWIW, Scott Sumner thinks US is currently in its 1st ever 10+ year expansion. ¯\_(ツ)_/ ¯
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livin that kind of life u kno
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