The No Labels manifesto championed by the likes of Joe Manchin is composed of misinformation, naivete, misguided solutions and timeworn platitudes.
economy
Commentary: Yes, a recession is still a possibility
Predictions of a ‘soft landing’ seem both premature and hard to square with some of the data.
That full-time job? Now it’s part-time.
Economists warn against making too much of a single data point, but say the latest spike in involuntary part-time work could be a harbinger of layoffs to come.
Commentary: Bidenomics has been a boon for working-class voters. Why don’t they give him credit?
Opinion polls still show that the president gets low marks for his management of the economy, which is actually doing fine.
U.S. slowed hiring but still added solid 209,000 jobs in June in sign of economy’s resilience
Many industries are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.
Strong labor market growth is pushing aside recession fears
The U.S. economy added 209,000 jobs in June and unemployment fell to 3.6%.
Federal Reserve leaves interest rates unchanged for 1st time in 15 months
The board of the central bank sees progress on inflation, but says it envisions 2 more rate increases this year.
Maine Voices: Don’t fall for current MAGA hysteria over the national debt
No other nation has as reliably paid its debts as the United States, and the U.S. has more than enough income to support its debt.
What it would mean for the global economy if the U.S. defaults on its debt
A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.
Commentary: Two ways in which policymakers can go wrong
Don’t dismiss people’s observations. Averages don’t necessarily predict individual experience.