Wage competition from Mexico and other countries makes raising pay for American workers challenging. Originally published in the New York Times After years of labor peace in the automobile industry, about 50,000 members of the United Automobile Workers have gone on strike against General Motors, seeking to redress years of pain, particularly during the 2008 […]
It’s time for a reality check on Trump’s claims about jobs, wages and economic growth. Originally published in the New York Times Recession fears may be seeping into the national conversation, but President Trump continues to boast about how great the American economy is — “the best in the world, by far,” Mr. Trump tweeted a few […]
They took the best growth picture in a decade and put us in danger of recession. Originally published in the New York Times Why are so many key global leaders pursuing so many stupid economic policies? As recently as January 2018, the International Monetary Fund issued one of its most upbeat economic forecasts in recent years, extolling […]
Bestowing the Presidential Medal of Freedom on a discredited economist was another gross Trump injustice. Originally published in the New York Times Having diminished so many other great American traditions, President Trump has now moved on to debasing the Presidential Medal of Freedom by awarding it to the most destructive force in economic policy since […]
Only a few Republican senators stand in the way of the most consequential reform legislation in more than a decade Originally appeared in the New York Times Washington shocker: With overwhelming bipartisan support and little public attention, the House of Representatives recently passed the most significant reforms to individual retirement accounts in more than a […]
The country’s leader has fulfilled his economic promises. Originally appeared in the New York Times. Exit polls are predicting a significant win for Prime Minister Narendra Modi of India when final results are announced on Thursday. That’s not only good news for Mr. Modi; it’s also good news for his country. While his bold economic […]
Originally appeared in the New York Times. Once again, the Federal Reserve has regrettably become a favorite whipping boy. President Trump has been lobbying it to lower interest rates, even though the unemployment rate is 3.8 percent. Progressives are still complaining that the central bank didn’t do enough to stimulate the economy in the wake of […]
Originally appeared in the New York Times In Donald Trump’s two-plus years as president, his approach to policymaking has often been defined by an unsavory stew of indecision, inaction, flip-flops and outright lies. Nowhere has this been truer than with health care, where the administration has reversed direction multiple times. A short history: During his […]
Sometimes, swift and forceful government intervention in the private sector is the only way out of a crisis Originally appeared in the New York Times. Almost exactly 10 years ago, President Barack Obama went before the nation to unveil an urgent overhaul of the nation’s automobile industry. The financial crisis and plummeting economy had swept America’s already […]
Originally appeared in the New York Times. Yes, of course, we need a Green New Deal to address the world’s most urgent crisis, global warming. Just, please, not the one that a flotilla of liberal politicians, including seven of the top Democratic presidential hopefuls currently in the Senate, are signing up for in droves, like children following […]