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“The U.S. economy acquired an exclusive label [yesterday]: Recession-free for eight full years … the third-longest economic winning streak in American history” — AP Economics Writer Paul Wiseman:

  • “Despite its longevity, … [i]t’s the weakest economic recovery since World War II.”
  • Why it matters: “[T]he economy is hardly the disaster that … Trump insists he inherited. Employers have been hiring steadily, month after month, since 2010. A majority of Americans now enjoy unusual job security.”
  • But, but, but … “[T]he expansion has been hobbled by a slow-growing labor force and by a puzzling slump in worker productivity, which is the amount of output produced, per hour worked.”

Source: Axios AM –