The Real Reasons Why Workers Are Producing Less ...Middle East

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The Real Reasons Why Workers Are Producing Less
source : The New Republic ( Middle East ) () 44
The Biden economy keeps bumping along, impervious to the Federal Reserve raising interest rates 10 times and Fitch threatening a downgrade of United States Treasury bonds. On Friday Richard Francis, Fitch’s senior director of sovereign ratings, told CNN that “governance is generally weaker” in the United States than in other triple-A nations. Who can disagree after Congress nearly put the government in default? But it doesn’t seem to matter. That same day the Bureau of Labor Statistics reported the creation of 339,000 jobs in May.The economy is in excellent health, except if you talk to economists, who think that’s too good to be true. For a while they fretted that the economy was overheated

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