The True State of the U.S. Economy

Michael McCormack and Amanda Novello

Challenge, 2020, vol. 63, issue 2, 60-76

Abstract: In a world of media short cuts and partisan bickering, it is widely accepted the U.S. economy is strong. Short cut indicators like the unemployment rate, in truth, tell us far too little. The American economy has underlying problems including weak productivity and investment, and unequal wage growth. The authors elaborate on this valuable piece.

Date: 2020
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DOI: 10.1080/05775132.2019.1709724

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