U.S. economic policy in 2021 was met with a firestorm of criticism from many economists.
I’m not talking just about Republican loyalists, who always predict disaster when a Democrat moves into the White House.
But the economy has defied that dire prediction.
If the policy choices of 2021 did any lasting damage, it’s invisible in the data.
So let’s talk about where the economy is now, and ask what, if any, lasting damage the Biden administration’s early policy may have done.
Persons:
I’m, Larry Summers, Obama, Biden’s, we’ve, ” Mohamed El
Organizations:
Republican, Democrat, Democratic, Federal Reserve, Biden