Detailed text transcripts for TV channel - MSNBC - 20180406:13:32:00
We're not seeing it in the actual administrative data. when the fed goes out and does its beige book. it's finally there. that doesn't answer the question of why did it take so long? the professors of economics are kind of having a freakout about why it took so long. one of the things we're learning, a slow consensus building, is companies are too concentrated in some geographic areas and they have too much power over workers to keep wages low. that's not anywhere on anyone's radar policywise. the next democratic administration, whenever it happens, is going to have to take a look at that. >> ...
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