by jpitney | Mar 9, 2024 | California Politics, Economic Policy
Don Lee at LAT: U.S. employers continued hiring new workers at a brisk pace last month, providing fresh evidence that the overall economy remains sturdy, but the new data showed that California is still looking like an underachiever. California’s job growth has been...
by jpitney | Mar 4, 2024 | Budget, Debt, Economic Policy
Mark J. Warshawsky at AEI: Last week, the Treasury Department released, with no fanfare, the massive Financial Report (FR) of the US Government. Using an accrual accounting basis, rather than a cash basis, the FR shows a much poorer picture of the current finances of...
by jpitney | Nov 14, 2023 | Budget, Congress, Economic Policy, House of Representatives
Don Wolfensberger: The House and Senate Budget committees keep churning out annual budget resolutions for approval by both houses. And the Congressional Budget Office (CBO) continues to produce its expert non-partisan cost estimates on legislation as part of its...
by jpitney | Oct 10, 2023 | Economic Policy, Inequality
John LeBoutillier: In our country during these past 45 years, the Big Business Mentality has resulted in an enormous income disparity/pay gap in corporate America, which is contributing to the divisiveness in our country. Can we blame workers for protesting when their...
by jpitney | Mar 9, 2023 | Economic Policy, Trade
Derek Thompson at The Atlantic (h/t Jacob Smagula): [A “Buy American” policy] typically raises costs. The U.S. should be concerned about building more and building faster. To take one example: A disgraceful new report on New York’s Metropolitan Transit...
by jpitney | Feb 16, 2023 | Biden, Economic Policy
Yesterday, U.S. Senator Tim Scott (R-S.C.) joined Sandra Smith on “America Reports” to discuss the devastating lack of leadership from the White House that has resulted in economic decline and threats from our adversaries. The Senator also encouraged the American...