Press / Economy

Press

By / 11.15.2017

The president is making moves to terminate NAFTA without considering the economic and legal repercussions. Donald Trump has few positive achievements as president. But the man famous for firing people has certainly shown a knack as a terminator: Trump has withdrawn the United States from the Paris Agreement and the Trans-Pacific Partnership and terminated a […]

By / 10.24.2017

State-level Democratic leaders are showing how populism and pragmatism combined can energize liberal turnout while still winning crucial swing-state support. Under a clear blue sky in late summer, with the peaks of the Gallatin Mountains as a backdrop, Montana Governor Steve Bullock mingles with guests at a private event on a ranch just outside Bozeman. […]

By / 8.1.2017

Donald Trump is infatuated with the 2016 election map, which underscores his dominance in red-coded rural counties. Candidate Trump repeatedly promised to “take care” of America’s rural voters who, in return, provided some of his biggest vote margins. It’s ironic, then, that on issues from budgets to healthcare, America’s heartland stands to become an early […]

By / 7.12.2017

Over the past several years, even as the national fervor over startups has continued unabated, there has been a string of negative findings about the state of American entrepreneurship. The Economic Innovation Group, among others, chronicled a long-term decline in business creation as well as ever-increasing concentration in where businesses are being created. Only five […]

By / 7.3.2017

WASHINGTON—The Progressive Policy Institute (PPI) today released a new report, “The Rise of the Australian App Economy,” which estimates 113,000 workers are employed in the Australian App Economy, a growth of at least 11 percent since 2014. It also calculates app Intensity — the number of App Economy jobs in a country as a percentage of […]

By / 6.5.2017

With Trump’s proposal to gut federal food assistance by $192 billion — much of which would come out of the shopping carts of the working class — the president is once again proving his willingness to shaft those who supported him most. Contrary to the racially-tinged stereotype that Americans who rely upon the Supplemental Nutrition […]

By / 5.23.2017

When Congress passed the Dodd-Frank Act, it included a requirement that U.S. companies annually report the ratio between their CEO and median worker pay. This modest provision takes effect this year, but it’s unlikely to reverse America’s widening pay gap.​ In fact, if President Trump has his way on tax reform, the earnings gap will […]

By / 5.15.2017

The problem today is too little technology. Physical industries haven’t kept up. Some anxious forecasters project that robotics, automation and artificial intelligence will soon devastate the job market. Yet others predict a productivity fizzle. The Congressional Budget Office, for instance, expects labor productivity to grow at the snail’s pace of 1.3% a year over the […]

By / 5.1.2017

“After I got divorced in 1999, I had custody of my kids, but I went out of my way to drop them at their mother’s house over the weekends,” said a 47-year-old African American man in Baltimore. He lost his job during the 2008 recession and was out of work for two years. After finding […]

Good news: The robots may not destroy us after all. A few weeks ago, I wrote a column that outlined the worries of big thinkers such as Stephen Hawking and Andrew Yang who are predicting a wave of job destruction caused by automation, robots and artificial intelligence. Michael Mandel begs to differ. Mandel is chief […]