We have now had back-to-back BLS monthly reports for July that say with regard to Trumpy’s ballyhooed “golden age”: Still, not so much! In fact, our trusty 16% trimmed mean CPI is still rising at nearly a 3% Y/Y rate, while our key measure of the job market—hours worked in the goods-producing sector—remains dead in […]
Economic Update: Still No Golden Age In Sight, Part 1
