In the news
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"The issue is getting [consumer spending] to slow down at just the right level, so that, in fact, firms can stop raising prices, households will stop demanding higher wages, and, slowly prices will start to stabilize... I'm optimistic that the Fed has the tools that they need to bring down inflation." Kathryn Dominguez on the Federal Reserve's strategy to orchestrate a soft landing.
PBS Newshour
"Good people have the opportunity to leave, so why push them?"
Ann Chih Lin on the outflow of Chinese scientists from U.S. universities.
Wall Street Journal
"It's not a forecast, it's a threat... The high rates of inflation have hurt a lot of people. Here we are trading off somewhat less inflation for a somewhat weaker economy." Justin Wolfers reacts to the Fed Chair's comments about fighting inflation.
CNN
"We're tracking the state of democracy in Michigan communities getting worse over time, according to local government leaders. We're measuring it in a number of different ways. Some of those indicators show things getting worse quickly. Some show things getting worse slowly." Tom Ivacko on the state of our democracy.
The Detroit News
"You have heard President Biden say what his advisers did not expect him to say. It is the way people are acting wherever you go. It's a less compelling case for (employers) to take a strong stand on it." Marianne Udow-Phillips on the lackluster response to the latest COVID booster.
Axios
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