After six years of anticipation on the part of her adoring public and a bitter loss to then Senator Barack Obama, it turns out that Hillary hasn’t learned from the experience. Continue reading [Updated] When even #Hillary isn’t #ReadyForHillary
Category Archives: Economics
Jared Bernstein: Unemployment, Black Unemployment and The Fed
The Fed, full employment, African-Americans, and an event that brings it all together
Continue reading Jared Bernstein: Unemployment, Black Unemployment and The Fed
Selma50: Black Lives Matter, Moral Monday, NAACP, unite!
Tony Robinson was shot to death by a Madison, Wisconsin policeman on the eve of the fiftieth anniversary of the March in Selma. Continue reading Selma50: Black Lives Matter, Moral Monday, NAACP, unite!
US unemployment at lowest since 2008 – but young people still can’t find work
On Friday, the jobless rate dropped to 5.5%, the lowest in seven years. But youth unemployment is rising – and some young people need all the help they can get
Continue reading US unemployment at lowest since 2008 – but young people still can’t find work
Warren Buffett: undertones of Romney’s quiet rooms…
So, Warren Buffett believes in quiet dissent and a calm tone. He also believes in “hate the sin, love the sinner,” and “praising by name and criticizing by category.” Continue reading Warren Buffett: undertones of Romney’s quiet rooms…
Middle Class Economics: Josh Barro nails some critical points | Jared Bernstein | On the Economy
Josh Barro does an excellent job describing many of the key points about the challenges of crafting what politicians are calling “middle-class economics.” As I see it, they’re talking about policies that reconnect overall economic growth and the prosperity of the middle class. Though median household incomes have been rising in recent years, as best we can tell, they’re still down 1.5% in real terms over the recovery and about 3% below their pre-recession peak (these are not gov’t data; they come from the private firm Sentier Research). Meanwhile real GDP’s up 14%, corporate profitability is up about 50%, and equity markets have about doubled in real terms. Continue reading Middle Class Economics: Josh Barro nails some critical points | Jared Bernstein | On the Economy
Jared Bernstein analyses: #jobs, #pay, inflation, and the #TPP
I’m a bit behind on curating Jared Bernstein’s posts. I am merging three separate, but related, posts from the past week into one long blog. Continue reading Jared Bernstein analyses: #jobs, #pay, inflation, and the #TPP
Where jobs, wages and the economy really are
First, the Huffington Post’s assessment:
For Some Who Are Back At Work, Positive Jobs Report Doesn’t Tell The Full Story
Continue reading Where jobs, wages and the economy really are
On Doug Belkin: Test Finds College Graduates Lack Skills for White-Collar Jobs
By DOUGLAS BELKIN
Updated Jan. 16, 2015
Four in 10 U.S. college students graduate without the complex reasoning skills to manage white-collar work, according to the results of a test of nearly 32,000 students.
Continue reading On Doug Belkin: Test Finds College Graduates Lack Skills for White-Collar Jobs
Defining Secular Stagnation | Economics
When we think of economic downturns, we generally think of them as flat up or down. We are all familiar with terms like recession. That is what we are now very slowly getting out of. We know, from our parents and grandparents, what the utter devastation of a depression is. We know, from our most recent experience, the Great Recession, what that feels like. Some months back, a term was added to the economic conversation: secular stagnation. Though the concept isn’t a new one, it has recently been reintroduced. Continue reading Defining Secular Stagnation | Economics