“People don’t like cheap, tasty, high-calorie fare because McDonald’s offers it. McDonald’s offers it because people like it.”
Economics & Policy
Back in 2007, everybody seemed willing to believe the housing market, stock market, and economy as a whole would keep humming along uninterrupted for, well, forever. Now, few people seem to believe that the recession is over—even though it supposedly ended last summer.
Are we heading for a boom time? A slow slog? Another recession? A ’90s-Japan-like lost decade? A full-on depression? The experts have weighed in, as they’re apt to do.