drsmooth wrote:holy #$!&@ I thought his convention speech was harsh & dark

waiting for him to remind us only he can do it

Slowhand wrote:He's slurring a bit.

CFP wrote:A mew lllenium

JUburton wrote:May he govern in the mold of william henry harrison.

The good news for Trump is that the US economy looks awfully close to full employment now. Many economic forecasters don’t think the unemployment rate can fall too far below its current level, 4.7 percent. Federal Reserve officials, including Fed Chair Janet Yellen, seem convinced that the labor market is running close to full employment; that’s why they’ve resumed the process of raising interest rates from near-zero levels, even though inflation remains below the Fed’s target level of 2 percent.

All Trump needs to do is not get in the way of those trends.

The economy still isn’t growing very fast by historical standards, true. But if Trump wants to engineer the sort of wage boom that workers will remember for decades — and workers definitely still remember the Clinton Boom, particularly in the rural and industrial areas where Trump sealed his Electoral College victory — he doesn’t need to do much.

He doesn’t necessarily need the 4 percent growth he and his team are promising they can unleash for years to come. He probably doesn’t even need 3 percent. He just needs to stick with what’s working.