3min chapter

Ones and Tooze cover image

Why Low Unemployment Isn’t Better News

Ones and Tooze

CHAPTER

Supply Chain Disruption in the White House

The general state of the us. Economy is that it's sort of the demand side that is overheated, like if we're talking about a labor market that is really running very hot. Is there anything the government can do to sort of compensate for chronically insufficient supply in an economy? So this is really the trillion dollar question. And there isn't a question that preoccupies the folks in the white house more than this precise question right now. If they could suddenly increase supply, maybe they could get inflation under control.

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