Race to the bottom: Michigan vs Indiana, as seen by The Daily Show
Sometimes, The Daily Show accomplishes in a 3-minute segment what a hundred blog posts can’t. Here, the crack reporting team at The Daily Show looks at Michigan’s new “right to work” bill, and what it means for competing with their…
Indiana jobs announcements, with a grain of salt
Yesterday, Governor Mitch Daniels and the CEO of the Indiana Economic Development Commission (IEDC) announced deals with 9 different companies to bring 2,500 jobs to the state over the next 6 years. About 1,500 of those jobs will come from…
Mitch Daniels knows why Mitt Romney lost
On Friday, Mitch Daniels offered his explanation for why Mitt Romney lost the election. “Governor Romney memorably discussed the 47% of Americans who, he said, are dependent on government and therefore would never vote for him.” The comments he’s referring…
The Great Stagnation, “a profound crisis of identity for America”
Terrific look at the symptoms, but gets a little wishy-washy when it comes to looking at the causes. The squeeze on the middle class is reaching an untenable point; where we go from here is an economic and policy decision…
“A Sin and a Shame” – Bob Herbert has emerged as the conscience of our nation
Why this isn’t being said every day, on every page of every newspaper and on every TV news show, is beyond me. If private companies can’t create jobs, then there is no way for us to grow our way out…
“Adding profits, subtracting workers” – Pearlstein on the new business dynamic
The national Chamber of Commerce (unlike the smaller, local groups who share that name) is the embodiment of everything wrong with a special interest group. It advocates policies that benefit only a small handful of people while hurting most Americans,…
Indiana’s economy under Mitch Daniels
I was disappointed to see the usually-sharp Ed Kilgore fall into the trap of buying Mitch Daniels’ spin – in a recent piece on Mitch Daniels’ presidential prospects, Kilgore wrote that “his state’s positive fiscal record stands out sharply against…
Krugman: The heartless, clueless, and confused gang up against the unemployed
It’s nice to see Krugman out making this case in such a straightforward manner. As I’ve repeatedly asked others – without getting a response – what jobs are the unemployed supposed to take right now? Clipped from www.nytimes.com But that…
Failing to learn from our economic history – Leonhardt on the Fed’s timidity
Several people already flagged this piece, but it bears repeating – and Leonhardt sums it up brilliantly. Clipped from www.nytimes.com Mr. Bernanke also believes that the economy is growing “not fast enough,” as he recently put it. He has predicted…
Bob Herbert: Unemployment is the real problem
Very smart stuff in here. From a policy perspective, it’s widespread and long-term unemployment that needs to be addressed first and foremost. From a politics perspective, it’s all about jobs – fix the high unemployment rate and the votes will…