Archive for the ‘Income’ Category

Faster productivity growth would be great. I’m just not at all sure we can count on it to lift middle-class incomes.

April 21st, 2015

Recently, a number of economists and commentators have suggested that faster productivity growth would be a big way to boost the income of middle-class households. I’m all for faster productivity growth, though I’d argue no one knows how to reliably make it happen. But given the wedge of inequality between productivity and low and middle… Read more

Chris Christie dangles the keys

April 17th, 2015

As I stressed on CNBC this AM, Chris Christie’s entitlement plan is not a good plan. It is instead a classic “key dangle” (“look over here, not over there!”), as the folks at Vox nailed yesterday, –While all the attention has been on benefit cuts for wealthier recipients, that part by itself does very little… Read more