The president cannot easily influence the stock market over time, or the economy. Nor should he be able to.
Senate conservatives need to be tough on Jerome Powell. Bad policy choices at the Federal Reserve that he supports have been toxic for the blue-collar American worker.
The recession and recovery have been very painful. But most workers enjoy considerably higher incomes today than in 2000.
The labor market is improving, but Americans don’t think so. One reason why is stagnant wage growth.
Rising prices and stagnant wages are a bad combination. Why are so many analysts pretending that it’s no big deal?
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