The Labor Department reported Friday that the U.S. created 228,000 net new jobs in November, in the latest sign that the American economy is growing at a healthier pace. Could it be that “secular stagnation” isn’t inevitable and that better policies make a growth difference? There’s little doubt now that the economy has reached a higher growth plane over the past nine or so months. Growth in GDP hit 3% in the second and third quarters, and all signs point to another in the fourth quarter. That would mark the first such string...

Source: Wall Street Journal December 08, 2017 23:51 UTC