CNN Early Start With Christine Romans June 4, 2024 09:54:00
Send stocks higher in the short run. but in terms of effects on the economy, it's a wait and see. that's why economists get things wrong because it's not a science that you can reproduce in a test tube. so, they'll be looking for the things that caused the last recession. and they won't see them, or they will see them, and be very worried. and then an entirely set of new circumstances will be the thing that kind of, you know, tips the thing over into a recession. >> that's why there's that old joke about harry truman, demanding to his aides someone get me a one-handed economist, on the one han...