Housing reached its highest share of GDP since the bubble years.. If productivity can remain on a faster growth path, then there will be far less basis for any conc ns with inflation.
There is huge confusion on the burden created by the deb,as people often get scared by politicians throwing around “trillions” of dollars. The numbers are huge, but so is our economy.
Given the outcome of the elections, there seems little hope for the amount of stimulus the economy needs. The importance of increasing the use of worksharing, which is already part of the unemployment insurance system in most states.
If we structure the market differently so that those at the top have less, then everyone else can have more. We can ensure that even people at the bottom of the pay ladder can ensure decent secure lives.
