Biden dodges on why Americans are still unhappy with the economy
Biden dodges on why Americans are still unhappy with the economy
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This week, the Federal Reserve took note of the economy’s durability, with Chair Jerome Powell saying “the economy is performing well, the labor market remains strong.” The Fed made clear that while it’s nearing a long-awaited shift toward cutting interest rates, it’s in no hurry to do so. To fight inflation, the Fed raised its […]
US job market slows in April
Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March.
This Is The Economy Democrats Wanted. But Voters Only See Inflation.
Higher wages, higher growth, higher productivity. Win-win-win. There’s a chance we’re headed down that exact path, and yet, Americans don’t seem very enthused. Because they really hate inflation. For the coalition that has supported this agenda — Democrats to the left of Larry Summers, along with economists representing a range of ideologies — the economy […]