Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.
In 2020, at the World Economic Forum, David Solomon, the CEO of Goldman Sachs, proclaimed that the investment firm wouldn’t take corporations public unless they had at least one “diverse” member on their board.
Early in 2020, shocked citizens and social scientists predicted the widespread imposition of extreme “non-pharmaceutical interventions” in response to COVID would prove to have horrible and costly human and economic trade-offs — turns out they were right.
The next presidential election aside, if the GOP is to still win elections in 2028 or 2032, they need to become the kind of party America’s working and middle classes caught a glimpse of in 2016.
