Jonathan Levin, Columnist

The New Economic Normal Isn’t Anything We’ll Recognize

CEOs and policymakers keep talking about the “normalization” of the post-pandemic US economy, but what would that look like?

Look ahead.

Photographer: Alan Crowhurst/Getty Images Europe
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Ever since the world was hit by a once-in-a-century pandemic, there’s been a lot of talk about “normalization.”

Here’s the rub: we can’t roll back the clock to 2019’s economy, and nobody knows which “normal” we’re supposedly returning to (sanitizer sales notwithstanding.)