Many Americans would like to be able to answer the questions "What will retirement mean for me? What could it mean?" It's a challenge made all the more complicated by the personal economic chaos inflicted by the Great Recession and now, in an election year, a political debate that often...
0 Comments | Posted October 5, 2011 | 2:56 PM
We all know that layoffs are terribly costly, both financially and spiritually, to workers who lose their jobs, their families and their communities.
But how much do layoffs cost the companies who let workers go and then, when the economy improves, hire replacements? (Sad but true, things are so bad...
0 Comments | Posted September 25, 2011 | 4:40 PM
In a better world, words and facts would be the only things that matter in a serious discussion about the future of the country.
Sadly, in this world, the facts are that the current crop of Republican presidential candidates (backed by their senior advisors and supporters) is so...
0 Comments | Posted August 5, 2011 | 2:41 PM
Last weekend's shenanigans in Washington should have you convinced that the inmates have now taken control of the asylum. This surrender to the Tea Party means more cuts to the very social services so badly needed by the more than 14 million Americans who are unemployed and by...
0 Comments | Posted December 10, 2010 | 4:48 PM
What's the hardest part to grasp in the above headline?
Good news about American manufacturing has been awfully scarce on the ground these past few years - and Cleveland is hardly where most people would think to look for an exception.
Try telling that to...
0 Comments | Posted September 30, 2010 | 1:55 PM
Let's put together some recent data and academic research on inequality in America.
First, according to this week's census report, the gap between rich and poor is steadily growing wider. You can cut it any number of ways, and there has been lots of...
0 Comments | Posted July 28, 2010 | 10:51 AM
You might think that after what the country has gone through over the past two years -- 8.4 million people lost their jobs -- I'm needlessly restating the obvious about how devastating layoffs are for those on the receiving end.
But gee whiz, Harley-Davidson's CEO Keith Wandell...
0 Comments | Posted May 7, 2010 | 4:34 PM
School's almost out. A new crop of MBAs is poised to assume leadership positions in the American economy. Have the horrors of the last two years made a difference in how they plan to run this country's businesses?
The best-selling case study of all time at Harvard...
0 Comments | Posted April 14, 2010 | 10:47 AM
I have long been fascinated by Joseph Schumpeter's portrayal of capitalism as a "perennial gale of creative destruction." First used in 1942, the German economist's phrase described the inevitable and necessary process of old industries dying off to be replaced by newer ones. "Creative destruction" is a wonderful juxtaposition...
0 Comments | Posted April 2, 2010 | 7:24 PM
162,000 new jobs in March, according to Friday's report from the Department of Labor. That's good news, there is no question about that, given the 8.4 million lost since the recession began.
59.6 percent on the March manufacturing index, according to Thursday's report from the Institute of Supply Management. That's...
0 Comments | Posted March 29, 2010 | 3:41 PM
2.4 million jobs lost in just 7 years because of China's "currency manipulation." That's the disturbing conclusion of Tuesday's report from the Economic Policy Institute in Washington which chronicles the impact of the growing trade deficit between the US and China.
The numbers are staggering and nowhere has been spared:...

1 Comments | Posted April 20, 2012 | 4:58 PM