By Lambert Strether of Corrente
Bird Song of the Day
This is Tanager week at Naked Capitalism. New York, United States.
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“But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51
“They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord
“When the going gets weird, the weird turn pro.” –Hunter Thompson
“‘People are still upset’: why Joe Biden’s jobs boom failed to win over voters” [Financial Times]. “[T]he much-desired “hot” economy the White House and congressional Democrats championed so doggedly — and engineered through the $1.9tn stimulus package enacted in March 2021 — has been accompanied by a messy mix of high inflation, labour shortfalls and supply chain disruptions that have been exacerbated by Russia’s invasion of Ukraine and new waves of coronavirus infections. These factors are weighing heavily on American households and