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Jared Bernstein on Taxes, Spending, and Why President Biden Wants to 'Pay for It'
Odd Lots
Can We Have a Tight Labor Market?
Timothy Stanley: The timing of the chronovirous crisis was that, right prior to it, we were seeing an impressive level of compression between, say, the white unemployment rate and the unemployment rate. Can we have that sustanably? He says most of the quarters r most of the years since tn 80, this economy has been slack. Stanley: We have not had tight enough labor markets. It's one of the great insights of recent federal reserves. And again, links back to importance of recognizing fiscal space.
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