Here's The Story About The Economy That Liberals Don't Want To Hear

Since the financial crisis, liberals have been correct that the proper economic remedy was aggressive monetary and fiscal policy. But things are changing. Economists increasingly think the job market is getting tight and that there's little the Fed can do about long-term unemployment. Liberals, who are rightly concerned about the long-term unemployed, don't buy that the job market is tightening and think the Fed must remain ultra-aggressive. For the most part, the "left" has been on the correct ...