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
- What drivers can and cannot do under Washington state's new distracted-driving law
- Federal judge: ‘The citizens of Seattle are not going to pay blackmail for constitutional policing’
- '450 square feet of fear': Renter dreads rising cost for Fremont studio apartment | Seattle Sketcher
- Man shot at Seattle's Golden Gardens Park amid apparent gunfight
- Pac-12 football preview: Washington an overwhelming favorite in the North
• 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