Peter Coy is ordinarily a pretty good reporter, but he really misses the boat with this chart, with the comment, “this jobs recovery is weak, all right, but right in line with the past two recoveries.”
|By: Gregg Levine Friday January 27, 2012 3:10 pm|
If the US fought for the post-carbon economy the way it fights for nebulous state-building goals in foreign wars, the future would be brighter, cleaner, safer and cheaper, with more jobs and perhaps – because it would need to secure less of that foreign oil -fewer wars. If the country built new classrooms with the same urgency it built armored vehicles, more American teens could be choosing between colleges instead of choosing between minimum and sub-minimum wage jobs – and fewer would eventually need public assistance. If the government spent more on blackboards and less on bullets, it would create more jobs today and more innovation in the future.
|By: June Carbone Sunday November 20, 2011 1:59 pm|
Kalleberg’s solution requires rethinking the social contract, a tough sell in individualistic America. He refers to the European concept of “flexicurity,” which seeks to combine employer flexibility with worker security. Doing so requires rethinking the relationship between public and private. The essential elements of such a model require universal, affordable, portable health insurance which ideally should be separated from employment. It also requires a more secure and portable pension system, more generous unemployment insurance, and greater opportunities to acquire new skills and education over the course of a lifetime. If employment is more transient and employers invest little in their workers, then a revitalized social safety net needs to fill in the gaps.
|By: masaccio Sunday October 2, 2011 10:30 am|
The rich are planning to hang onto their wealth and domination, and that is bad for at least 1.8 billion people.
|By: masaccio Sunday September 18, 2011 10:40 am|
One-trick ponies and one-foot bike riders; a story of right-wing economists.
|By: masaccio Monday September 12, 2011 12:20 pm|
In the New York Times Economists Bowl, I call it Princeton 2, Harvard 0.
|By: Scarecrow Friday July 8, 2011 3:00 pm|
President Obama appeared in the Rose Garden this morning to respond to the dismal jobs report that showed unemployment rising to 9.2 percent over 18 months after the recession supposedly ended. He responded by not mentioning that number or grappling with what it means.
Instead, he continued the excuses and pseudo-economic gibberish that makes sense only to Tea-GOP Zombies and which explains why we’ve made virtually no progress in regaining the jobs we lost.
|By: emptywheel Friday July 8, 2011 12:40 pm|
You can accuse Plouffe of being wrong in claiming that people won’t vote based on the percentage of unemployed — I tend to think it may loom in people’s minds. You can argue that it was a misstep in that the quote does sound tone-deaf when reproduced without the surrounding context, and it’s understandable why people would see it as insensitive when viewed without that context.
|By: Todd Tucker Tuesday January 25, 2011 7:40 am|
Todd Tucker with Public Citizen will be liveblogging the House Ways and Means Committee full committee hearing on the pending free trade agreements with Colombia, Panama and South Korea, and job creation. You can find more details about the panelists scheduled to testify today at the Committee’s site at this link.