
You’re unhappy with this economy? OK, that’s your right. But you should seriously consider whether you want the available alternative.
Last November, I wrote what I thought was a modest commentary about how the Biden economy was doing remarkably well, at least by most standard macroeconomic measures, and much of the corporate media wasn’t reporting about it. Job numbers were historically high, unemployment low and the U.S. had done the best of all G-7 economies in bringing down inflation resulting from the worst pandemic years.