Nov. 10, 2017 — What does international trade have to do with US jobs? Surely the US trade deficit in manufacturing has reduced employment? Not as much as you would think, on net.
Long-term Job Decline in US Manufacturing
Tag Archives: employment
Trump Jr.’s Pants-on-Fire Allegation of Manipulated Jobs Numbers
(Aug. 5, 2016) When asked July 24 about US unemployment numbers, which have fallen steadily since 2010, Donald Trump Jr., replied “These are artificial numbers. These are numbers that are massaged to make the existing economy look good, to make this administration look good when, in fact, it’s a total disaster.” His father has made similar statements.
The Middle Class Crunch: Bipartisan Program for New Members of Congress
On December 3-5, 2014, the Institute of Politics at Harvard University held its biannual Bipartisan Program for Newly Elected Members of Congress. Most of the congress-people come. This year I was on a panel on the domestic US economy, titled the “Middle Class Crunch.” In Part I, presented here, I briefly reviewed recent economic statistics. Part II, laying out 8 recommended policies, will follow.
The standard economic statistics indicate that the US economy has been doing well lately, not just relative to the severe 2007-09 recession, but relative also to what most Americans think and relative to how other advanced countries are doing. This applies to (1) GDP, (2) jobs, (3) the stock market, and (4) the budget.