Wednesday, August 27, 2014
Watch the above video for Gary Shilling and Peter Schiff's debate
Tuesday, August 19, 2014
Part-time jobs paid less than full-time jobs. And, also, most of the jobs that have been created in this recovery so far have been in things like leisure and hospitality, and retailing, which pay a lot less than manufacturing and utilities.
Tuesday, August 5, 2014
Once private-sector de-leveraging is completed, real GDP growth will probably return to its long-run trend of about 3.5 percent, and perhaps more. Productivity improvements and labor-force growth will likely resume. And the slow-growth-forever crowd will need to find a new theory.