Making Labor Less Expensive Helps Firms Hire

A Successful Argument For A Government Manufacturing Policy Has To Go Beyond The Feeling That It's Better To Produce 'real Things' Than Services. American Consumers Value Health Care And Haircuts As Much As Washing Machines And Hair Dryers.

If You Think About It, Candidate Obama, Sen. Obama, Was Running On Sort Of Long-run Economic Issues, Like Restoring Prosperity To The Middle Class, Dealing With The Perennial Problem Of Health Care In The United States. He Talked A Lot About The Budget Deficit, About The Need To Transition To Clean Energy.

If Increasing Income Equality Is The Goal, It Might Be Wiser To Put Money Into Infrastructure Than To Subsidize Manufacturing. Construction Also Pays Good Wages, But With Lower Educational Requirements. And America's Infrastructure Needs Are Enormous.

I Think Something That Forces Financial Institutions To Write Down Underwater Mortgages, I Think, Would Be A Sensible Thing To Do.

A Natural Way That An Economist Approaches A Problem Is To Say, Here's Where I Think The Economy Is Going; This Is What We Need To Deal With The Problem.