Mirror mirror on the wall, who’s the best economy of them all?
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The US economy ended 2021 with a lot of uncertainty and serious problems, such as inflation. How will economists know if things are improving in 2022?
You get the metaphor.
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Republicans and a few Democrats say the Build Back Better plan would increase the already fast pace of inflation.
Surveys suggest job satisfaction is still quite high.
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The narrative of the Great Resignation is that workers hate their jobs and are desperate to quit. The data tells a somewhat different story.
Low-wage workers march in Washington on Aug. 2, 2021.
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Millions of Americans struggle to pay their bills each month, despite earning wages well above the federal poverty line and holding multiple jobs.
“Heigh-ho, heigh-ho, it’s back to work we go.”
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October’s employment report was rosy, with more than 500,000 jobs added in the month. There were also signs that the American workforce was heading back to the old normal.
Fed Chair Jerome Powell prepares for the end of the era of cheap money.
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The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Would a default mean an end to the dollar’s position as the go-to trading currency?
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An economist explains why defaulting on the national debt would result in economic crisis.
After recent supply chain difficulties, is there smooth sailing ahead?
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Job creation might well have slowed, but a deeper dive into employment data suggests the picture is actually pretty rosy.
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Joe Biden seems to have little appetite for closer economic ties.
Corn yields can suffer in high heat.
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Much of the US has been experiencing heat waves in recent weeks. An economist explains how the often record-high temperatures can affect the economy.
Biden directed regulators to find ways to limit bank mergers.
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A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
The U.S. economy bounced back in record time.
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An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
A big increase in use car prices drove the inflation rate higher in April.
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The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
Child care and preschool are a strain on family budgets.
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The federal government spends about US$2,500 a year on child care and early education per child under 5, about half of the European average.
Biden made passing his $1.9 trillion bill one of his top priorities.
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Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn’t matter at all.
Black-owned businesses have been shuttered at a higher rate during the pandemic.
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With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly hit by lockdowns.
Biden has made fixing the economy one of his top priorities.
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Biden proposed $1.9 trillion in new coronavirus relief spending to help with the economic fallout of COVID-19. Four economists have a few ideas for him.
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Joe Biden’s middling economic policies are a chance to cut through the bitter polarisation of US politics.
Democrats control both the White House and Congress for the first time in 10 years.
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Since 1953, the economy has only rarely been in recession when a Democrat was in the White House.
Not your average Joe.
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From pandemic stimulus to China relations, it will soon become clear that there is a new broom in town.