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The U.S. Economy’s Soft Spots

August 9, 2023 · 5:41 am ET · Leave a Comment

Punchbowl News: “It’s been a cheery few months for the U.S. economy. Growth is solid, inflation is down — there will be more to say on this issue later in the week — and unemployment is holding steady at low rates not seen since the 1960s. The stock market and manufacturing investment are both way up.”

“‘Bidenomics’ may not be ‘It’s morning again in America,’ but it ain’t bad.”

“Yet the past week has also made clear the financial system propping up that economy is facing some serious stress.

Economy

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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