The downturn — and the politics it engendered — could have been far less severe.
There’s a simple reason why the Republican president's tax cuts haven’t inspired companies to move that much money to the United States: The money was already here.
During the 1930s, “only” a third of U.S. banks failed, while in 2008, former Federal Reserve chairman Ben Bernanke has said,12 of the country’s 13 largest financial institutions were on the verge of going under.
The simple story is that the labor market recovery hasn’t sped up under Trump. At the same time, though, it hasn’t slowed down, either.
For a long time, this has been the recovery's Achilles’ heel: We've added a lot more paychecks, but they haven't been much bigger ones.
If bitcoin is the future, then progress is in the past.
The crisis isn't here. But it's coming — fast.
For the last eight years, there hasn’t been a safer bet than that job growth will be good but wage growth won’t.
Employers appear to be doing whatever they can, whether it's forcing noncompete agreements onto workers or entering non-poaching agreements themselves, to try to maintain their bargaining power in the face of lower unemployment.