We’re in an affordability crisis because workers aren’t being paid at the same levels they earned in the past.
inflation
Posted inEconomic Policy
Sources of America’s Hidden Inflation
How market power jacks up prices, and how Trump’s policies add to the pressure
Posted inTAP
Trump’s Faltering Economy
The seemingly not-too-bad Trump economy is living on borrowed time. Both inflation and employment are getting worse, and the booming stock market is in AI bubble territory.
Posted inEconomic Policy
Fed Making Key Economic Decisions Without Key Economic Data
The Fed considers information from a variety of sources in setting monetary policy, everything from anecdotal reports to original data produced by its regional Reserve Banks. But the loss of public, and apparently some private, data is an acknowledged blow.
Posted inEconomic Policy
The Plutonomy Is Still Going Strong
For the last 20 years, analysts have known that this is an economy by and for the rich.
Posted inHealth and Social Policy
More Americans Going Hungry, Worst Still to Come
Food banks around the country are reporting an uptick in visits. Grocery store chains are reporting an uptick in profit.
Posted inTAP
The Federal Reserve Is Out of Tricks
Today on TAP: And so is Trump’s maneuver to take over the central bank. Even if he were to succeed, there is no good monetary cure for Trump’s economic carnage.
Posted inTAP
The Coming Trump Stagflation
Today on TAP: The self-inflicted damage to Trump’s economy is deepening. Will he get away with it politically?
Posted inTAP
Shooting the Messenger at BLS
Today on TAP: Could Trump’s new commissioner, E.J. Antoni, succeed in disguising the worsening economic realities?
Posted inEconomic Policy
What the Economy Really Looks Like
When you factor in all the data points, we have an anxious workforce, a business sector seeking opportunity in inflation, and an avalanche of bad policy bearing down on everyone.