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GENE HEALY: Take Me Down To The Parasite City. Have you seen the latest jobs report? Major buzzk…

GENE HEALY: Take Me Down To The Parasite City. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery’s totally stalled. But not here: The District is booming! “Washington may have the healthiest economy of any major metropolitan area in the country,” says New York Times D.C. bureau chief [...]
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Stiglitz: We Must Have A Second Round Of Stimulus If We're Going To Get More Jobs

Business & Finance : Business Insider: Clusterstock (4 years ago)

Ahead of today's jobs report, Joseph Stiglitz is calling for a second stimulus to fight the unemployment problem in the U.S. Stiglitz, speaking to Bloomberg TV, called the recovery "anemic" and said: The recovery is so weak that it ... Read Post

This Is Not A Low-Wage Recovery — It's A Medium-To-Low-Wage Recovery

Business & Finance : Business Insider: Clusterstock (10 hours ago)

What is the true state of wage-growth in America? On Monday, we posted a chart from Deutsche Bank's Torsten Slok showing that both high and mid-wage job growth have vastly out-paced low-wage growth. A little later, we got an email f... Read Post

Gene Healy on Why Washington, D.C. Is So Wealthy

News : Reason (2 years ago)

Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery's otally stalled. But not in Washington: The District is booming! Construction cranes dominate the downtown skyline, and yo... Read Post


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