David Coates

Posts Tagged ‘wages’

November 5, 2015

Waiting for the TPP

Figures on US economic performance continue to disappoint. Seven years out from the greatest financial crisis since 1929, economic growth is sluggish, levels of unemployment and under-employment remain unacceptably high, and real wages for most Americans are still trapped at 1970s levels. Not that the United States is alone in any of this. Globally, important […] read more »
June 20, 2015

Trade Deals and the Importance of Political Gridlock

For a political capital renowned for gridlock, there are times when Washington DC looks poised for too much action rather than for too little. This is one such time. Moves seem well underway in the Republican-controlled Senate to fast-track the vote on fast-tracking – maybe as early as this coming Tuesday – a move that […] read more »
October 9, 2014

Hype & Reality: American Economic Numbers

  It is mid-term season in America: time for the Administration to talk up the strengths of the economy. The President did so in Evanston a week ago, wanting “people to know that there are some really good things happening in America.”[1] The worst of the recession is at last behind us. Since in economic […] read more »
August 30, 2013

Back to Basics on the Question of Labor

As we prepare to celebrate another Labor Day, we do well to remember that celebrating labor on just one day always runs the risk of implying that every other day is not a labor day. Celebratory days can invite tokenism as equally as they can generate empathy. Celebrating the fact of labor can so easily […] read more »
April 19, 2013

The Forgotten Jobs Crisis

Perhaps it is the sheer size of this country that makes important problems invisible – with each problem so localized and personal as not to count in public discourse. Or perhaps it is the sheer size of the problems themselves that enables them to hide in the open –with each so large and so ubiquitous […] read more »
March 13, 2013

The Problem with Charm Offensives: If They Are Needed, They Have Already Failed

  Faced by insurmountable odds as the Carthaginians swept down the Italian peninsula during the Second Punic War, the Roman general Fabius Maximus simply retreated and retreated, wearing the opposition down by declining to engage with them at all. Watching the Republicans play the President right now, the scorched earth policy that the Romans used […] read more »
February 25, 2013

Going beyond the President’s Manufacturing Strategy

Amid the urgency of the sequestration crisis, many things of substance are likely to fade into the background of public debate – at exactly the moment when they should not. read more »
January 21, 2013

Second Inauguration: Third Growth Model?

  Half-way points in two-term presidencies are inevitably moments to take stock and to consider redirections of policy.  Right now, the political blogosphere is properly full of that stocktaking and redesign. Lists abound on policies needed[1] and priorities to be pushed,[2] which is why there is no need to add to those lists in any […] read more »
May 11, 2012

The Unfinished Business of the Obama Administration: Poverty & Unemployment

The Obama Administration has unfinished business: lots of it, actually. The President will no doubt seek re-election in November by emphasizing policy successes. He would do well, however, to seek re-election by also recognizing policy failures: recognizing them and committing his Administration to do better. To win re-election, that recognition will need to be honest […] read more »
April 24, 2012

Taking the Republicans to Task: (5) On Industrial Policy

  The Republican Party likes to pretend (even to itself) that it doesn’t have an industrial policy. It also likes to pretend that the U.S. economy is currently in such deep trouble because the Democratic Party does. Not so. Both parties have industrial policies whether they acknowledge them or not. The American economy is in […] read more »

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