The economy is cooling but the US is a frog in hot water
Written by Black Hot Fire Network on February 18, 2024
We’ve all heard that if you put a frog in boiling water, it will jump out, but if you put a frog in warm water and slowly turn up the heat it will stay put until boiled to death. That may or may not be true, but it is a useful allegory of how incremental changes can accumulate to dangerous or even fatal levels if ignored.
The unfortunate frog came to mind as I read through the Budget and Economic Outlook . . .
