The Atlantic

Why No One Wants to Talk About the Booming Economy

Democrats don’t want to help Republicans, and Republicans don’t want to sound like Keynesians.
Source: Bryan Woolston / Reuters

Here are some facts about the American economy:

  • Jobs have grown for 106 consecutive months, the longest streak on record.
  • At 121 months, this is the longest bull market in American history.
  • The unemployment rate has been at 4 percent or less for 16 consecutive months, the longest such streak in 50 years.
  • Inequality remains a crucial problem, but wages are now growing the fastest among the lowest-wage industries, thanks to state-by-state increases in the minimum wage and the effects of low unemployment.
  • The University of Michigan’s consumer-sentiment

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