Critics dead wrong about economy
Last week’s blockbuster jobs report, with more than 265,000 jobs added when including upward employment revisions, was very welcome news to almost all Americans. The exception would be the economists of the left who throughout Donald Trump’s now-five-and-a-half years in the White House keep getting the economy dead wrong. Just a few months ago economists on the left, led by Nobel Prize winner Paul Krugman, started warning of “stagflation,” a witch’s brew of high inflation and high unemployment at the same time. He wrote that “any statement that things aren’t as bad as ...