We are just experiencing 15mil odd global dead from corona virus, inflation going through the roof, oil and gas prices rocketing, Freight logistics all locked up, Russia starting ww3, maybe it's a good time for Biden to be saving money for a rainy day?
“The U.S. economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging inflation and fears of a growth slowdown,” CNBC reports. “The unemployment rate was 3.6%, slightly higher than the estimate for 3.5%.”
Economics books tell you to ignore real world hard data? Can you name those economic books so I can read them closed mouth?