{"id":346715,"date":"2025-08-12T16:40:32","date_gmt":"2025-08-12T21:40:32","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/12\/america-in-recession-since-2022-a-critique-of-antoni-st-onge\/"},"modified":"2025-08-12T16:40:32","modified_gmt":"2025-08-12T21:40:32","slug":"america-in-recession-since-2022-a-critique-of-antoni-st-onge","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/12\/america-in-recession-since-2022-a-critique-of-antoni-st-onge\/","title":{"rendered":"\u201cAmerica in Recession since 2022? A Critique of Antoni-St. Onge\u201d"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-57596\">&#13;<br \/>\n\t\t\t\t<!-- .entry-header -->&#13;<br \/>\n&#13;<\/p>\n<div class=\"entry-content\">\n<p>A <strong><a href=\"https:\/\/www.ssc.wisc.edu\/~mchinn\/OnASO.pdf\">paper (Nov. 2024)<\/a><\/strong> (first version Oct. 2024):<\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-57598\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni.png\" alt=\"\" width=\"1053\" height=\"1079\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni.png 1053w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni-293x300.png 293w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni-999x1024.png 999w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni-768x787.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_critique_antoni-624x639.png 624w\" sizes=\"(max-width: 1053px) 100vw, 1053px\"\/><\/p>\n<p>Downloadable data used in the paper <a href=\"https:\/\/www.ssc.wisc.edu\/~mchinn\/data_recession2022a.xlsx\">here<\/a> [xlsx].<\/p>\n<p>This paper is a rebuttal to this <a href=\"https:\/\/brownstone.org\/articles\/recession-since-2022-us-economic-income-and-output-have-fallen-overall-for-four-years\/\">article<\/a> (<a href=\"https:\/\/www.ssc.wisc.edu\/~mchinn\/Antoni_St_Onge_2024.pdf\">paper<\/a> on different server, in case article disappears from original site).<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-57600\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1.png\" alt=\"\" width=\"1053\" height=\"1029\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1.png 1053w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1-300x293.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1-1024x1001.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1-768x750.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/covrpage_Antoni_St_Onge_2024-1-624x610.png 624w\" sizes=\"(max-width: 1053px) 100vw, 1053px\"\/><\/a><\/p>\n<p>Key graph from their paper:<\/p>\n<p>.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-54200\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png\" alt=\"\" width=\"710\" height=\"722\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png 710w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3-295x300.png 295w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3-624x635.png 624w\" sizes=\"(max-width: 710px) 100vw, 710px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/brownstone.org\/articles\/recession-since-2022-us-economic-income-and-output-have-fallen-overall-for-four-years\/\">Antoni and St. Onge (2024)<\/a>.<\/em><\/p>\n<p>The challenge has been \u2014 and remains \u2014 to reproduce the green line.<\/p>\n<p>Dr. Antoni\u2019s dissertation on public finance <a href=\"https:\/\/www.proquest.com\/docview\/2452442541?sourcetype=Dissertations%20&amp;%20Theses\">here<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content -->&#13;<br \/>\n\t\t&#13;<\/p>\n<footer class=\"entry-meta\">&#13;<br \/>\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/08\/america-in-recession-since-2022-a-critique-of-antoni-st-onge\" title=\"2:05 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-08-12T14:05:08-07:00\">August 12, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->&#13;\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/08\/america-in-recession-since-2022-a-critique-of-antoni-st-onge\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; A paper (Nov. 2024) (first version Oct. 2024): Downloadable data used in the paper here [xlsx]. This paper is a rebuttal<\/p>\n","protected":false},"author":1,"featured_media":346716,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346715"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=346715"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/346716"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=346715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=346715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=346715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}