NYT's Bizarre Discussion of Consumption and Jobs

The Bureau of Labor Statistics came out with new projections of consumption driven employment. This seems to have created serious confusion at the NYT. Contrary to what the article seems to imply, this study is not making projections of macroeconomic growth. It is assuming a growth rate (2.6 percent annual average over the next decade) and then indicating how it will be divided. By contrast, the article seems to be asking whether the growth assumption is plausible.

Even for this latter purpos...