Rightwriter: I used to think I was wrong about your postings but my initial assumption was incorrect. I will acknowledge your consistent support of certain Trump economic policies while recognizing his personal sleaze factor.
Most aspects of the economy are working well using most of the standard metrics. The big near-term risk is whether the Fed will be able to manage the interest rate rise/withdrawal of liquidity with the rate of inflation. Too much of the current prosperity is concentrated in upper tier of the economy as it has during the 4 years of the prior administration. Inflation is obviously a regressive tax on the middle and lower income segments of society. Jerome Powell is not a “socialist” or “spread the wealth guy” ala Bernie Sanders but he brings more focus on income disparities than any Fed Chair in history and I’m hopeful he will keep the income disparity as his focus (versus measuring “success” by the Dow Stock point average).
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