A New Production Economy
America must not return to the easy path of debt-fueled consumption. It is time, instead, to rebuild our country’s productive might. This will require more domestic investment, more innovation, smart investments in infrastructure and more competitive companies and workers. This is why PPI pays special attention to new sources of jobs and growth arising from the telecommunications boom and the “data-driven economy.” At the same time, we must rebuild the competitiveness of more traditional sectors, including manufacturing. We need balanced economic growth to sustain broad, middle-class opportunity.
The New Politics of Production
It’s easy enough to get progressives to agree that austerity is not the answer to the malaise that pervades the transatlantic world. What’s hard is…
Manufacturing in the App Economy
We live in a world where the communications sector is driving the recovery and receiving much attention. We believe that this is the most important…
Manufacturing Jobs Boom Is For Real
PPI’s Michael Mandel was quoted in CNN Money about the bottoming out of the manufacturing sector: “What we’re seeing is the bottoming out of manufacturing,” said…
Is real GDP real?
The Star Tribune’s Adam Belz quotes Michael Mandel on the flaws of the GDP data and the state of the Minnesota economy: “(The numbers) don’t…
Some Good News That Obama Should Be Touting
Will Marshall compiled four positive economic stories for Real Clear Politics that President Obama should be making better use of in his campaign for re-election….
Is the Labor Market for Colleges Grads Looking Up?
Young educated Americans are finally rejoining the workforce. According to BLS statistics, the labor force participation of Americans age 18-34 with a Bachelor’s or Associate’s…
Tech Investment Still Rising, Despite WSJ Story
This morning the WSJ ran a story entitled “Investment Falls Off a Cliff: U.S. Companies Cut Spending Plans Amid Fiscal and Economic Uncertainty.” The story argued that:…
Young College Grads: Real Earnings Fell in 2011
The latest Census figures show real earnings for young college grads fell again in 2011. This makes the sixth straight year of declining real earnings…