In a reversal of recent trends, today’s new data from the U.S. Bureau of Labor Statistics show that employers have cut back sharply on hiring. Government cutbacks have already been slowing our nation’s economic growth and are now actively pulling employment downward, but the worst may be yet to come. The sharp across-the-board cuts in […]
Category Archives: Uncategorized
Nice bump up in jobs this months — 236,000 new jobs — but the sequester just went into effect a few days ago. So, while things are looking good today, Congress is at it again, trying to stifle job creation in the months come. Watch for falling employment in federal jobs first, but also contracting […]
The fantastic team at CAP put together this great video about middle out economics (thanks, Andrew!): Middle-Out Economics 101.
Obama, now Miliband: Miliband, Obama & “middle-out economics”.
My latest contribution to The Atlantic‘s site (from across the Atlantic): The Economics Behind Obama’s Unapologetically Liberal Second-Term Agenda. I argue that Obama’s state of the union address where he vowed “to reignite the true engine of America’s economic growth – a rising, thriving middle class” builds on a growing body of economic evidence. A strong middle class and […]
Heather Boushey 