You are here

Appropriate US response is using monetary, fiscal policy; not protecting old industries

Washington

IN THE 19th century, more than 70 per cent of American workers were farmers. By 2017, that figure was under 2 per cent. In 1970, about 32 per cent of private employment was in goods-producing industries. By 2018, that figure was 13.5 per cent. The dynamic sectors of the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes