Welcome back to today’s coffee klatch, where Heather Lofthouse (executive director of Inequality Media Civic Action and my former student) and I delve into the week’s highs and lows. So grab a cup, pull up a chair, and take our poll (if you wish).
— Friday’s jobs report, and why the big news is wages.
— Thursday’s Biden budget, and why the big news is that it’s all a theatrical production designed to counter House Republicans.
— Why Wall Street now regards good economic news as bad news. And what all this might mean for the 2024 presidential election.
— Plus, our special guest ChatGPT!