Congress · 116th Congress
Virus aid talks teeter on brink of collapse
I don’t blame @realDonaldTrump for talking exec orders 2help unemployed &get econ up &running I can imagine he’s just fed up w how Dems aren’t negotiating in good faith instead
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I don’t blame @realDonaldTrump for talking exec orders 2help unemployed &get econ up &running I can imagine he’s just fed up w how Dems aren’t negotiating in good faith instead
That is an echo of the assumption that underpins every Econ 101 lesson about the laws of supply and demand: The invisible hand’s ability to efficiently set prices and allocate resources relies on an assumption
Until the past two years, for the millions of Americans under 50, inflation has been an abstraction, a topic in their econ class, not something that directly impacts their lives.