Where Are the Jobs? III. The Real Inequality Gap
Today’s Wall Street Journal has a story “Job Gap Widens in Uneven Recovery”, which shows how unbalanced the economic recovery is. For workers aged 25 and older, unemployment is only 6%, compared to...
View ArticleHow to Create a More Just and Equal Society
In a recent Washington Post column, “Government is Not Beholden to the Rich”, the economics writer Robert Samuelson shows that the federal government is actually “beholden to the poor and middle...
View ArticleThe Economic Outlook: 2014 – 2024 I. The Basic Data
The Congressional Budget Office has just issued the report ”The Budget and Economic Outlook: 2014 to 2024”, giving its usual objective and nonpartisan look at our prospects for the next ten years....
View ArticleA Rescue That Worked But Left a Troubled Economy
The occasion of the publication of Timothy Geithner’s book “Stress Test,” giving his version of the financial crisis, has led to a number of newspaper articles looking back at the Great Recession and...
View ArticleA Recovery Stymied by Government?
Why has the recovery from the Great Recession of 2007 – 2009 been so slow? Many mainstream economists blame structural problems in the economy such as more global competition for business and...
View ArticleThe American People Are Amazingly Upbeat!
I think of myself as a political moderate, conservative on fiscal matters and somewhat liberal on social issues. My blog posts are usually based on a recent newspaper article or think tank study...
View ArticlePaul Krugman: “Debt Is Good”
Every Monday and Friday morning when I pick up the New York Times, I immediately turn to the OP-ED page to see what liberal icon Paul Krugman is saying. In his most recent column, “Debt Is Good,” he...
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