The research discrediting the Reinhart-Rogoff study is upending the economic policy discussion everywhere. Everywhere, apparently, except for HBO’s new series “Vice,” which recently featured Kenneth Rogoff as an expert on austerity.

Earlier this week, I noted that the Republican plan to take the debt limit hostage to demand unspecified tax reform at a future date was too ridiculous to be believed. But that battle plan looks like the Invasion of Normandy compared to the latest Keystone Kops scheme the Republicans floated to Politico today: hold the [...]

President Obama is in Texas to launch a “Middle-Class Jobs and Opportunity Tour” that focuses on manufacturing. The president announced an executive order creating three “manufacturing hubs” — Manufacturing Innovation Institutes — with $200 million from the Departments of Defense, Energy and Commerce, and the National Science Foundation and NASA budgets. The president is asking [...]

We give away our jobs and factories and industries to China. Some geniuses apparently thought that meant we should also let our military security be contracted out to China as well. A new report from the Alliance for American Manufacturing (AAM), Remaking American Security, Authored by Brig. Gen. Adams (US Army, Retired) looks at supply [...]

Here comes a surprise. Who is the country’s biggest creator of low-wage jobs? Watch this video to see. From Good Jobs Nation: Our economy is shifting from good-paying middle-class jobs to low-wage jobs. Even as we finally get a monthly jobs report that shows the country creating enough jobs for all the people entering the [...]

The Senate campaign in Massachusetts will be close and hard fought.  Ed Markey, the winner of the Democratic primary, knows he has to run a bare-knuckled, knock down, full bore campaign to win.  So it is notable that one of the first appeals to his supporters is to enlist them in telling the president that [...]

This week, President Obama will travel to Austin, Texas to call for action on jobs. The proposals the president put forth in his State of the Union address – investing in infrastructure, expanding preschool, bolstering manufacturing assistance centers, raising the minimum wage – have been blocked in the Congress, and disappeared from the public debate. [...]

According to the Washington Post and Politico, GOP leaders are laying the groundwork to refuse any debt limit increase this year, reneging on debt payments mandated by Congress, shredding the full faith and credit of the American government, thereby plunging the global economy into the abyss, unless Washington … does some sort of unspecified revenue-neutral [...]

President Obama set a goal of 1 million new manufacturing jobs in his second term. Last month we added zero. Not one. Nada. Zip. We did add low-wage jobs, though. Maybe we can talk about a national manufacturing strategy now? A Million Manufacturing Jobs? In the 2012 campaign President Obama set a goal of creating [...]

President Obama’s nomination of Hyatt heiress Penny Pritzker to be Commerce secretary gives me the perfect excuse to write about a fascinating conversation I had recently with Cathy Youngblood, a union activist and Hyatt employee who is on a campaign to get her employer to put one worker on its board of directors. She’s written [...]