What the heck is going on with the global economy? If you’ve been following news about things other than Ebola, you’ve likely picked up on the following: –New worries about the rate of global growth have led to all sorts of market volatility. –Declining rates of interest and inflation both here and in Europe reflect… Read more
Where the “hole” is wage stagnation. Over at PostEverything.
…crappy poll numbers. Over at PostEverything. Really, this is just genuinely upsetting. It’s one thing to run the numbers but quite another to think about all the unnecessary pain this has caused. You just can never underestimate the destructive power of bad ideas.
The jobs report was solid today, providing another month of evidence that the recovery is reliably reaching the job market. But relative to the rest of the employment story, the manufacturing sector has settled into a less favorable trend. Though American manufacturing came out of its jobs trough with some vigor back in 2010, over… Read more