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How's the economy doing?
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From
24/09/2018 16:34:21
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
 
 
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Forum:
Politics
Category:
Economics
Title:
How's the economy doing?
Miscellaneous
Thread ID:
01662222
Message ID:
01662222
Views:
44
On the day that the CNBC review says that the US is the only economy actually growing, and the Fed says the booming economy is their next headache -

I thought I'd post a clip with the Chairman of the Council of Economic Advisors summarising the economy based on data. It's 51 minutes long, but the first 10 minutes is compelling, including references to tax cuts, CBO calculations and an "inflection" in the economy.

This was on September 10, so people might like to stop at abut 10.5 minutes to consider how their preferred media outlets are covering all this. Then listen to the media questions.

https://www.youtube.com/watch?v=cJ3wdDxrsCE

cJ3wdDxrsCE
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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