Earlier this week, I explored some of the vulnerabilities this booming metropolitan area faces. Seattle has experienced one of its biggest, gaudiest economic expansions in history since the Great Recession.
But nothing lasts forever. This is an aging boom. Some distortions are appearing, such as Chinese money in real estate. Boeing is facing an order slowdown. And the times are a changing with a Trump administration and GOP-led Congress determined to chart a very different course from the past eight years — or past 80-plus years.
Check out the link above and based on what you’re seeing, what do you think?
This Week’s Links:
Most Read Stories
- Aerospace firm Electroimpact agrees to pay $485K after AG finds ‘shocking’ discrimination against Muslims
- Price tag zooms up for light rail across I-90 bridge: $225 million more needed
- Rachel Dolezal struggling after racial-identity scandal in Spokane
- Huskies get commitment from Coeur d'Alene 4-star QB Colson Yankoff
- Poutine is the new nachos: where to find the best versions in the Seattle area
• Globalization’s last gasp | Barry Eichengreen/Project Syndicate
• A skeptical look at the rigor of antitrust enforcement | Conversable Economist
• Why interest rates will likely rise faster than inflation | Mark Thoma
• A badly designed stimulus would only hurt the working class | Financial Times
• Even Trump is a Keynesian | Noah Smith
Today’s Econ Haiku:
Trump claims fake credit
Those jobs at Ford weren’t leaving
Driving us crazy