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Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise.
Original Article: "Biden's Economic Team Predicts Long-Term Slow Growth"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Mark Hendrickson is adjunct professor of economics at Grove City College.