On February 7th’s Morning Joe, we discuss the improving economic health of Detroit and the auto industry since the auto bailout in 2009, as evidenced by the decreasing unemployment rates and the increasing profits for companies such as GM and Chrysler. See the charts below, and click here for the video explaining the charts. Morning […]
On February 3rd, the Morning Joe team discusses what’s behind the numbers in the January job report. As the charts show, jobs are always being created and jobs are always being destroyed, but the key is to have a net positive number. Jobs are slowly, but steadily, increasing–but there’s still a lot of work to […]
Apart from Mitt Romney’s famously low tax rate, he appears to have taken advantage of at least two other tax wrinkles to cut his bill to the IRS. First, the trusts that he set up for his children are so-called “grantor trusts,” which means that the income from those trusts is consolidated with Romney’s returns […]
On this morning’s show, the Morning Joe team discusses the differences in the tax plans proposed by President Obama, Mitt Romney, and Newt Gingrich. Please click here for the video explaining the charts below. Morning Joe Charts – Comparison of Tax Plans – Obama Romney Gingrich 1.24.12
Today’s New York Times includes a fascinating detailed look at how Apple gets its iPhones (and other products) manufactured and what the implications of that have been for U.S. jobs (not good, of course). No doubt all of the factors that the Times reports as contributing to the fact that virtually all assembly and manufacturing […]
The almost instantaneous howls of outrage that my article in the Sunday Review of The New York Times provoked from highly liberal quarters reminded me of Shakespeare’s famous line that can be paraphrased as “me thinks thou doth protest too much.” So unhappy is Dean Baker that he is offering a $1 million prize for […]
Check out the charts presented on Janaury 5th on MSNBC’s Morning Joe, which show the popularity (or lack thereof) of Congress in 2011, what will drive our debt over the next 40 years, and how many jobs per month we would need to create to get back to full employment rates. For the video explaining […]
At the risk of receiving a flunking grade from Paul Krugman and Dean Baker, I don’t think either of them are looking at the problem of U.S. debt correctly. Whether the Federal government borrows from an American or a foreigner to pay its bills, the debt thus incurred remains a burden on the American fiscal […]
The news accounts of my appearance yesterday before the Detroit Economic Club have centered around the suggestion that I said that United Auto Workers members should have taken a pay cut in the context of the 2009 restructuring and/or that they should take a pay cut now. Perhaps I misspoke. Perhaps my remarks were misinterpreted. […]
On Monday’s show, the Morning Joe team discusses what the drop in unemployment insurance claims really means, and shows us some positive figures in consumer confidence and auto sales. For access to the video explaining these charts, click here. Morning Joe Charts – Unemployment.indicators.consumer confidence.autosales 12.5.11
