https://fred.stlouisfed.org/series/A191RO1Q156NBEA
This graph from the Federal Reserve shows that the 1958 recession was a tad deeper, but that 1982 lasted quite a bit longer.
The gray lines are recessions.
And regarding 1980 and 1982, please blur the two gray lines together in your mind's eye. That is a long time in the psyche of American citizens.
This graph from the Federal Reserve shows that the 1958 recession was a tad deeper, but that 1982 lasted quite a bit longer.
The gray lines are recessions.
And regarding 1980 and 1982, please blur the two gray lines together in your mind's eye. That is a long time in the psyche of American citizens.
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