The Boomcession: Why Americans Hate What Looks Like An Economic Boom Authored by Matt Stoller via The BIG Newsletter, The models used by policymakers to understand wages, economic growth, and consumer spending are misleading. That’s why corporate America is having a party, and everyone else is mad. On Friday, Donald Trump nominated candidate Kevin Walsh to become Chair of the Federal Reserve. Warsh is mostly an orthodox Wall Street GOP pick, though he is married to the billionaire heiress of the Estee Lauder fortune and was named in the Epstein files. He’s perceived not as a Trump loyalist but as an avatar… — Continue at ZeroHedge News : Read More
