Originally Posted by Bytor Peltor
Seeing how there isn’t much positivity shared in this thread
lmao—that’s positive huh?
anyway, low unemployment is great. it is however part of a larger trend, as you can appreciate in the graph:
^^ these are government figures from the last decade
the corporate tax cuts have actually been a stimulus to continue the trend though, that’s for sure. everyone knew this would be the result for the short term, so no big surprise there.
larry summers said last year the economy was on a sugar high and tax cuts would prolong it for a while, but what was necessary were structural changes to truly move us forward— “infrastructure, science, and human capital”.
so it looks great right now, no question there, but let’s see where the business cycle moves from here and if the country actually gets the investment it needs.