Lawrence Mishel
Lawrence Mishel
Lawrence Mishel is president of the Economic Policy Institute in Washington, D.C., a pro-labor think-tank that seeks to advance the interests of American workers. He has been at EPI since 1987, first serving as Research Director, then as Vice-president and in 2002 became President...
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The labor market is crying for help. The government could write a check from Treasury to every man, woman and child right now for $400. All this bickering about the shape of a dividend tax cut is a distraction from how to get consumers spending right now.
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The increase in unemployment and the lack of job creation has dramatically altered the beneficial dynamic that prevailed in the latter half of the 1990s, when tight labor markets and faster productivity growth fueled broad-based wage gains.
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We have to reconnect overall economic growth to overall benefits for the people.
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We hope this report will clear the fog, create a better understanding of the true challenges we face and the progress we've made.
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We've cut a $3 trillion hole in the budget for the next three years for tax cuts he said were going to create 344,000 jobs each month starting in August, and things are going in the opposite direction,