Josh Gotbaum
@joshgotbaum
Displaced Midwesterner. Fixes problems in govt & business; now @BrookingsInst writing on retirement, economic issues. Sings well, bikes badly. RT≠...
ID: 197792199
http://www.brookings.edu/experts/gotbaumj 02-10-2010 13:36:18
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Everyone knows prices are rising (except for the ones that aren't) but almost no one knows that wages are catching up or that governments from the President on down have been taking concrete steps to raise wages more. Does President Donald J. Trump or media talk about this? #inflation
Today's BLS-Labor Statistics: #WagesareCatchingUp to #inflation. The @NYTimes took note, as did President Donald J. Trump. If enough people find out, maybe opinions about the economy will improve. Brookings Econ bit.ly/WagesT00
WOYT. Wendy Edelberg tracks both prices and wages carefully. As of today, by the most common measures, #wages have caught up to #inflation. Brookings Econ
Most people don't understand economists, despite efforts like Justin Wolfers's here. They do, however, understand that tariffs raise prices, and are beginning to understand that tariffs are (import) taxes that they end up paying. So there's progress. Keep it up, Justin.
Some ways of helping children have bipartisan support. The distinctly non-bipartisan #OneBigBeautifulBill Act adopts several -- but #OBBBA will hurt as many children as it helps. Brookings Econ brookings.edu/articles/how-c…
A reminder from Fareed Zakaria that pain should be taken seriously, that it is more than just economics. washingtonpost.com/opinions/2025/…