In the days following the July employment report, a wave of pessimistic commentary painted the American economy as an “economic mirage.” The narrative blamed policy uncertainty, tariff-driven inflation, and tighter immigration rules for allegedly choking growth. Yet a closer look at January–July macro data tells a very different story—one of continued expansion, not … [Read more...] about Hard Data vs. Media Hype: What July 2025 Really Says About the U.S. Economy
Fed
Fed Bernanke vs Powell: How Two Fed Chairs Faced Two Very Different Crises
Ben Bernanke (2006-2014) and Jerome Powell (2018-present) each inherited a once-in-a-generation challenge. Bernanke fought deflation and a frozen banking system during the Global Financial Crisis (GFC); Powell is battling the strongest inflation surge since the early 1980s. Here’s a side-by-side breakdown of their mind-sets, toolkits, and the political economy that shaped their … [Read more...] about Fed Bernanke vs Powell: How Two Fed Chairs Faced Two Very Different Crises