Archive for the ‘New Posts’ Category

KS legislature for the win!

June 8th, 2017

Really happy to see the Kansas legislature reject the predictably failed supply-side tax cut “experiment” that’s been whacking the state’s coffers since 2012. Over at WaPo but one extra note here. I’ve heard some supporters of the cuts–and there are surprisingly few, which I consider another gain for humanity–argue: “But KS is adding jobs; GDP… Read more

Reax to NYT oped

June 5th, 2017

I’ve got an oped in this AM’s NYT on four big ideas that I see Democrats, and not just traditional progressives, but also centrists, converging around. –a universal child allowance; –a $15 minimum wage; –a large expansion of the EITC; –direct job creation. Here are some responses and pushbacks. Much of what folks raised are… Read more

Jobs report: Some softening in May. Should the Fed hold off on next rate hike? I say…[read on]

June 2nd, 2017

Employers added only 138,000 jobs last month, well below expectations for 175,000. Revisions to payrolls for the prior two months reduced employment gains by 66,000. The unemployment rate fell to 4.3 percent, its lowest level since 2001, but for the wrong reason: labor force participation fell by two-tenths of a percent. In other words, this… Read more