Posted inEconomic Policy

Saving Mitt Romney and Social Security

You probably didn’t know that Mitt Romney was ill and in need of saving, but of course neither is Social Security, according to the projections from the Congressional Budget Office. But that doesn’t stop the Washington Post from talking about “saving federal health and retirement programs from insolvency.” The projections show that Social Security will […]

Posted inEconomic Policy

How Do NYT Reporters Know What Employers Foresee?

That’s the question millions (okay thousands) of NYT readers should be asking of an article that claims employers are now unhappy with immigration bill that they helped craft. The article asserts that employers complain that the bill will not “cure the severe labor shortages they foresee in the coming decade.” Unless the reporter who wrote […]

Posted inEconomic Policy

San Francisco Bay Road Trip

On Tuesday I will be giving a couple of talks in the SF area. This is both an advance excuse in case I miss some blogging on Tuesday and Wednesday and also an invitation to any interested BTPers in the area. At 1:00 on Tuesday I will be speaking on my new book, The United […]

Posted inEconomic Policy

Which Economists Say That Quebec Must Get More Crowded?

A NYT article on the opposition to independence among immigrants to Quebec, tells readers that “economists say Quebec has little choice but to embrace the immigrants because of a plummeting native birthrate that would otherwise reduce economic growth.” It then cites an economist with the Conference Board of Canada as saying that any growth in […]

Posted inEconomic Policy

Is Dangerous Food Good for the Economy?

That’s what policy experts say, according to the Washington Post. The context is the proposals that have been put forward to ensure that food products that we import from China and other countries are safe for us and our pets. The point that the article makes is that improved regulation will hurt many importers and […]

Posted inEconomic Policy

“Free Trade” Comes Back to the Post

I was very impressed last week when the Post managed to discuss the trade debate in Congress without once referring to the propsective trade pacts as “free trade” agreements. Unfortunately, the turn to more accurate and neutral descriptions of trade deals has not carried through to other articles. In today’s piece on the immigration deal […]

Posted inEconomic Policy

If the United States Has a Shortage of Low-Skilled Workers, Why are Their Wages Falling?

Someone should ask the Post’s editorial board that question. The Post’s editorial on the new immigration bill comments on the “annual flow of 400,000 to 600,000 low-skilled workers needed to satisfy the demand for labor.” Wages in the jobs typically filled by these immigrants (custodians, restaurant workers, nannies) have been stagnant or declining over the […]

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