Press coverage has been straight out of the White House hymnal, but a closer look suggests why a lot of workers are not feeling so thrilled right now.
Patrick Horan discusses whether we’re in a recession, and Dominic Pino covers last weekend’s American Economic Forum.
Jack Salmon covers child care and the federal government over on Capital Matters.
The Conference Board’s Consumer Confidence Survey didn’t reveal much in the way of good cheer last week, falling for the third consecutive month.
Today, Biden, Schumer, Pelosi et al. are imposing their own planning visions on us, and the damage is enormous.
It should not raise taxes and impose more regulation.
‘What does it matter whether you use the ‘r’ word or not?’ Krugman said.
Whatever the NBER calls the state of the economy, it’s 9.1 percent inflation, declining real incomes, and declining economic output.
Tossing that phrase around can’t hide the reality that Americans’ paychecks are shrinking in real terms.
The Fed should keep its focus on tighter money even as a weak economy increases the pressure on it to ease up.