Neil Irwin’s WaPo piece this AM provides a useful review of the different ways economists and politicians are thinking about the short-term impact of spending cuts on growth and jobs. I’ve been pretty aghast to hear claims that large cuts would immediately generate job growth (and Irwin should have at least quoted someone with that view… Read more
Just Because Rep. Paul Ryan Keeps Saying It…
…Doesn’t make it any less egregiously wrong. When I introduced this blog a week ago, I said that one reason for it was to help people sort out some of the extremely misleading assertions partisans are making these days. Rep Paul Ryan seems intent on keeping me very busy. On Meet the Press today, he… Read more
Christy Speaks Truth
A great piece in the NYT today by economist Christy Romer (disclosure: a friend and former colleague) on the right way to think about the strength or weakness of the dollar in an international context. It’s not only straight talk, which as Christy says, is rare on this issue, but it’s a crystal-clear discussion of… Read more
Rocket Scientists, Part 2
The stalwart Bureau of Labor Statistics happened to release a new report on workers by occupation that caught my eye in the context of my earlier post regarding skill demands in occupations expected to add the most jobs. This release focuses on jobs and wages in the hundreds of occupations that comprise our job market… Read more
We’re Not All Rocket Scientists
There’s been a lot in the news lately about college education, including the tough job market facing new grads and whether the investment is worth it for kids and their families. I went to college. My kids will go to college. And when I was working for the Obama administration, I was proud of the… Read more