Gear doesn’t seem to be working. Job creation and economic growth will be stagnant this year.
We are still in the wave of huge volatility some factors are outside the government’s immediate control, some are related to exogenous factors which affects planning. Timing luck is very important in the macroeconomic arena. For example, the US economy underwent 13 years of muddling through from the 1980s, but when it kicked in it did so solidly.
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