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The Coming Mild Recession

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The Coming Mild Recession
Shoppers in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage/AFP via Getty Images
Milton Ezrati
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Commentary

Debate on recession prospects has three sides. One side points to still strong jobs growth and contends that the economy will avoid recession altogether. A second side contends that the jobs numbers are misleading and that a recession is imminent. Yet a third side splits the difference, arguing that a recession will wait until 2024.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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