Tag archives: jobs
The title of this article is provocative and I understand this. But, as one economist put it: those clamoring for manufacturing jobs have never worked in one. My point is that U.S. trade policy is completely misunderstood and our political leaders are demagoguing the issue to create fear and buy your votes. Tariffs and protectionism […]
For most of human history, the people who did the hardest physical work were at the bottom of the social scale. These were jobs that went to people called peasants, villeins, or slaves, working in the fields alongside horses and oxen. Women and their traditional roles of housekeeping and child-rearing were always in a class […]
Have you heard all the news stories lately about “the Great Resignation” (or as some podcasters are calling it, the “Take this job and shove it” moment)? Tune into CBS, NBC, ABC, CNN, MSNBC, or pick up a copy of the Economist, The Wall Street Journal, The New York Times, Washington Post, or even your […]
James Carville famously coined this phrase in 1992 as candidate Bill Clinton campaigned for president. He hung it (together with two other “targeting” phrases) in the Clinton “War Room” where that campaign was planned and executed. It turned out that the recession of 1992 was just the boost that Clinton needed to unseat then-President George […]
I’ve been thinking lately about all the money that’s been flowing into the economy from the CARES Act. The $500+ billion that went to big corporations has been in the news lately – mostly because of the brouhaha over Treasury Secretary Mnuchin refusing to tell the Congress how much he gave, to whom he gave […]
While catching up on some MJ reading, I thought it important to comment on J.B.’s “Editor’s note” at the end of Mr. [Dale] Lowdermilk‘s letter (“Drinking the California Kool-Aid,” MJ #24/23), in which J.B. wrote: “Mr. Sanders’s brilliant economic plan to give every U.S. resident $15,000 a year for doing… nothing.” Excuse me, but where […]