Neil Irwin
Posts
How the 2020s Economy Could Resemble the 1980s
It depends on whether Jerome Powell at the Fed can pull a reverse Paul Volcker.
Why Jerome Powell Pivoted on Inflation
A surge in wages and benefits got his attention. Other data soon confirmed his concern.
Biden Bets Big on Continuity at the Fed
Jerome Powell and Lael Brainard are known quantities in a turbulent time.
How America’s Pandemic Economic Response Fought the Last War
A focus on the challenges of the Great Recession has fueled some of the challenges of this crisis.
Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful.
The psychological effects of inflation seem to have the upper hand.
October Jobs Report Shows Stagflation Isn't the Problem
Americans are going back to work at a rapid clip.
November Jobs Report Shows Stagflation Isn't the Problem
Americans are going back to work at a rapid clip.
What Jerome Powell Didn’t Do: Lay the Groundwork for Higher Rates
He said high inflation was mostly a result of pandemic effects like supply network disruptions, a problem he thinks the Fed can’t fix.
Billionaires Beat the Working Rich in Biden's Spending Bill
One by one, tax proposals that would have slowed dynastic wealth have been tossed from the agreement.
Proposed Tax on Billionaires Raises Question: What’s Income?
Democrats are homing in on unrealized capital gains raises as a way to help fund their social spending bill.