Chair Yellen, bless her heart (and mind), remains in data-driven mode

Jared Bernstein Posted by Jared Bernstein.

From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joe Biden, executive director of the White House Task Force on the Middle Class, and a member of President Obama’s economic team.


Over at WaPo, with a focus on this biz about “the economy still has running room.

Over at WaPo, with a focus on this biz about “the economy still has running room.” I explain how I understand it, show some indicators that reinforce the point, and add my own wrinkle, one I consider very important: allowing for more running room has the potential to create even more running room.