I don't find many of Fareed's arguments supporting the "this will be very good for the economy" to be very convincing. Instead, they sound like a desperate atte

I don't find many of Fareed's arguments supporting the "this will be very good for the economy" to be very convincing. Instead, they sound like a desperate attempt to put a positive spin on an economy that is clearly sick. Average hourly earnings have increased from $24.79 in September 2020 to $26.15 in June 2021. Great! How much has the price of goods and services increased during the same time? Rising wages that don't keep up with worrisome and probably-not-transitory inflation are not a good thing. And the whole bit about entrepreneurship sounds weird. What kind of business is the average person who couldn't find a job with acceptable pay really starting? Are these newly minted "entrepreneurs" really starting businesses that will be capable of paying themselves decent wages and providing adequate benefits?