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Fitch’s decision was bashed among top economists, with the likes of Former Treasury Secretary Larry Summers and CUNY economics professor Paul Krugman both calling the move “bizarre.”
Source: https://nypost.com/2023/08/04/us-adds-187000-jobs-in-july-lowest-level-since-2020/
Such assertions defy centuries of economic theory ranging from Adam Smith to Paul Krugman.
Source: https://www.dailycamera.com/2023/12/15/editorial-kroger-albertsons-merger-has-broad-implications/