Abused Words of the Day: The New Normal

January 18, 2018

Forty is the new 30, 60 is the new 40 and orange is the new black. For the economy, 2% growth is the “new normal,” until the economy grows at the old normal rate of 3+%. What was once normal is replaced by a new normal, at which point the old normal becomes abnormal. But what happens when the “new normal” grows old?

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