The US economy is better than “goldilocks”, writes Julian Zelizer. But the risk of an economic slowdown is much greater than that of an inflationary spike, he says.
Zelizer: President Joe Biden has spent a lot of money on progressive priorities. Perhaps, in the end, progressive economic policies do not necessarily lead to disaster, Zelizer says. But we live in an era in which the state of the economy seems to influence elections much less than it did a few decades ago.