Partway through a panel discussion at a recent economics conference in San Francisco, Jason Furman, a former adviser to President Barack Obama, turned to Kimberly Clausing, a former member of the Biden administration and the author of a book extolling the virtues of free trade. “Everyone in this room agrees with your book,” Mr. Furman said. “No one outside of …
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Can Low Unemployment Last Under Trump?
For a time, not too long ago, it was the central question animating economic forecasts and bets laid by investors in financial markets: Will the U.S. economy avoid a recession? Now, for many in the business world, that question feels almost passé, part of an earlier, more fretful era of narratives. After a superlative run of hovering below 4 percent …
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