Bad news for the middle class. Fantastic news for corporations.
You’re not supposed to mention it but 2014 could be the best year for job growth in this century.
One of the key factors in the sudden robustness of the job market has been the longest period of stability in Washington, D.C. since the Great Recession began. After the government shutdown, Congress passed a two-year budget that calmed fears of that we would have another fabricated crisis.
Take a quick look at Gallup’s Economic Confidence survey over the last few years and you can see damage the debt limit crisis, the fiscal cliff and more recently the shutdown did to consumer optimism, which directly relates to the demand which grows the economy.…