@ezraklein Yes, for sure. Though anyone taking *that* out (hasn't but will) generally ends up proving too much, IMO.
@ezraklein In sense that the arguments generally seem invariant under temporal translation -- can just as easily make them 10 years ago :-).
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@ezraklein And so, given present exceptionalism you have to adopt (*now* it'll accelerate), I think I'm more sympathetic to mismeasurement… -
@ezraklein (But, hey, on that front, you've to account for very deviously hidden growth: http://www.nber.org/papers/w21974 .)
End of conversation
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