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.
Women don’t have to work to support their families, houses are not more expensive, college costs aren’t related to wage decreases, and wages have not stagnated since the 1970s.
While low-skill immigrants compete with low-skill Americans for jobs, in the long-term they increase their skills, start businesses, and boost the American economy.
The labor market is improving, but Americans don’t think so. One reason why is stagnant wage growth.
The right response to Obama’s concern trolling on income inequality is a real agenda to address the higher costs of goods and services.
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