Creatively Destroying Dependency on China
Welcome to another Friday. This is our weekly wrap of the economics news. Since the last time it was Friday, China has reminded the world that it is an untrustworthy supplier, creative destruction won a Nobel, and the Dallas Fed described businesses hiring too many Americans as “weakness.”
Let’s get disruptive.
Maximum Employment of the People, by the People, for the People
The Dallas Fed this week blamed labor-market “weakness” for slowing Texas job growth . But that label quietly flips the employment half of the dual mandate—the Fed’s duty to pursue maximum employment—on its head.
The report admits the…
Read the full article at BREITBART.COM
