It is even more amazing what has been accomplished with the American economy, but Democratic presidential candidates, the media and economists such as
The Economist, a center-left
The bleak picture painted by
A more educated population, the matching by websites of jobs to qualified applicants, and, yes, economic stimulus efforts that helped fuel the emergence of economies from the last recession have all contributed to the American economy and many European economies.
Then there is this, which has been the gospel of conservatives for decades when it comes to welfare and its disincentive for many to find work: "... reforms to welfare programs, both to make them less generous and to toughen eligibility tests, seem to have encouraged people to seek work."
This has forced liberal politicians to shift their focus from the unemployed to the "quality" of jobs.
"Reality begs to differ," says The Economist. "Official projections" predict that by 2026, "America will have more at-home careers than secretaries." Jobs and the skills necessary to fill them are changing, but not so rapidly that workers -- and especially younger people -- cannot adjust their education and training to match the new requirements.
Wages are rising almost everywhere, and, as the editorial says, tight labor markets "lead firms to fish for employees in neglected pools, including among ex-convicts. ... American wonks fretted for years about how to shrink the disability-benefit rolls. Now the hot labor market is doing it for them."
This is the argument that conservatives, many
While acknowledging "The jobs boom will not last forever" and that a recession will eventually "kill it off," the editorial concludes that the economic boom "deserves a little appreciation."
It deserves more than that and would be more than appreciated if it all happened under a Democratic president.
It is a question
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