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Noah Smith: “I do not want to be a shill for the Biden administration. Yes, I like most of what Biden is doing on industrial policy. But I really want to resist being one of those center-left pundits who always just blasts out the latest press release of a Democratic administration and trumpets how many jobs the President has ‘created’…”
“And yet when I look at how the U.S. economy is doing right now, I find it difficult to describe it in terms that allow me to avoid sounding like a shill. I know lots of Americans still think the economy is doing poorly, and are upset about that. But when I look at objective measures, I just can’t rationalize that negative viewpoint. Because as far as I can tell from the actual numbers, this economy is doing really, really well.”
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