The number of people filing for unemployment has dropped, but it’s largely because people are dropping out of the work force, not because they have found employment. There were 120,000 new jobs created last month, but in order to really … Continue reading
How can we stop the US economy from following Italy’s trajectory? The US needs to keep productivity up so it can compete in the world market — something that Italy is currently unable to do. Visit msnbc.com for breaking … Continue reading
Elizabeth Warren has been able to tap into the “Occupy Wall Street” energy in a way that President Obama has not – owing to the fact that the President has relied on Wall Street (at least in the past) for … Continue reading
The Jobless Era: Unemployment and What Can Be Done Panel Moderated By: Matthew Bishop (The Economist) Panelists: Lawrence Katz (Harvard University), James Owens (Former Chairman, CEO of Caterpillar), and Steven Rattner Steven Rattner Weighs In on Obama’s Jobs Bill … Continue reading
On today’s Morning Joe, we compare the status of China’s economy against the US’. For access to the charts discussed, please click here. Visit msnbc.com for breaking news, world news, and news about the economy
As the Occupy Wall Street protest continues and Warren Buffett discloses his annual income, we discuss how incomes are down more after this recession than after the last two, real family incomes have come down 7% over the past decade, … Continue reading
Steve Jobs (1955 – 2011) was unquestionably one of the most influential and visionary CEOs of our time.
Discussing Ron Suskind’s new book, “Confidence Men,” and its discrepancies with Steven Rattner’s own experience working with President Obama, and Steve’s article, “Suskind’s Inaccurate Revisionism” (Politico, 10/1/11), which calls Suskind’s book a “drive-by shooting of a president and his key economic advisors.”
Romney seems to be the only credible contender in a sea of candidates.
While the general sense of panic about the recession has lessened in the past few weeks, the economy is still weak. The FED should continue to run expansionary monetary policies but this is not a time to create new paradigms.