America is pushing the labour market to its limits
What I find remarkable about this kind of articles is how a situation in which economic activity and employment is going so well that the labor market might shift in favor of employees/workers is described as "the economy is running hot", a self-evidently bad state that sensible economic policy should seek to avoid.I'm kinda baffled by that. I'm no economics major, but this seems to imply that keeping wages low (or at least decoupled from economic growth) is actually a goal of economic policy. Is that true?