Reply To: Full Employment, Cycles, Etc

#21434

Professor,

I’m posting more data as a continuation of my last question.

https://data.bls.gov/timeseries/LNS14000000

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/5EA30E24-B13F-11E8-8817-22AA63F9C3A8

Is this economy due to Trump’s tax cuts and regulatory rollbacks?

If so why did we see a recovering labor market under Obama as well?

Are we just witnessing another inflationary boom? If so, how can that happen with the rate increases we’ve seen coming from the Fed?

Thank you as always