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Strapline: "A full economic recovery from the COVID-19 pandemic is unlikely, and the new version of normal for work and organizations is further off than we thi
by fergie 7y ago
Strapline: "A full economic recovery from the COVID-19 pandemic is unlikely, and the new version of normal for work and organizations is further off than we think"
2nd paragraph: "...it is likely that full recovery of economic activity, including GDP growth, jobs, and unemployment, will take at least a year, and likely much longer."
At this point we are used to shoddy economic analysis and predictions that are so woolly as to be meaningless, but this article is in direct contradiction with itself. Surely MIT of all places could place a bit more rigor on its output.
- vanniv 7y agoTo quote Randall Munroe (https://xkcd.com/1052/ https://xkcd.com/1052/) By dubbing Econ "Dismal Science" adherents exaggerate; The "Dismal"'s fine -- it's "Science" where they patently prevaricate."
- wffurr 7y agoI don't think it's as contradictory as you think. The "we" includes people who think that everything can be back to "normal" by summer.