The Downside of Jobs Growth

Looking at U.S job growth and declines, Nobel Laureate Michael Spence says the problem is job growth in the non-tradable sector with less value added.…

Fiscal Cliff Notes

There might be 2 ways to look at the fiscal cliff. Specifically, we can focus on tax increases and spending cuts: Tax Increases Bush era tax cuts: expire 2010-2011 2% payroll tax cut: expire Affordabl…

Babies and the Elderly

The beginning of life and the end of life are becoming more expensive. The number of premature babies in the U.S. has soared by 36% during the past 25 years. Caused partially by twins, triplets, …

More Health Care Jobs

The health care industry has added 300,000 jobs to the U.S. economy during the past 12 months. New jobs, new construction, new technology, more care. Should we be pleased? This Dr. Seuss-like animated…

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