“The recession talk in late 2018 got way, way out of hand,” New York Times economic reporter Neil Irwin tweeted a few days ago. Indeed it did.
Irwin’s tweet came shortly after the government released figures showing the economy grew at a 3.2% annual rate in the first three months of this year. The number was good by anyone’s measure, significantly outpacing predictions. And it raised a question: Wh…
