Chinese imports and technological change displace US workers in much different ways, a new study finds. Imports destroy jobs only in certain hubs; technology hits much more broadly, but creates as many jobs as it kills.
The same flaws that caused a New York judge to overturn Mayor Bloomberg's ban on big sugary drinks are inherent in proposals to ban the purchase of sugary drinks using food stamps. Such bans are unlikely to help fight obesity and can do substantial damage to the safety net.
The federal tax system is 'progressive' – meaning wealthier people pay taxes at a higher rate than others. It is, in effect, a wealth redistribution mechanism. But it's not new to Obama, or even more pronounced under him.
Economic and job growth are closely tied to energy consumption. While jobs can grow faster than energy use when efficiency kicks in, the cost may be lower wages.
In light of the rising costs of college tuition around the country, coupled with the staggering amount of debt students have accumulated, studies are being done to examine a possible causal connection between expanding federal aid programs and tuition hikes.
Dissident Chen Guangcheng is speaking out about the need for rule of law in China. But the party is slowly accepting individual rights. And studies show those few rights are yielding positive results.
Economists and policymakers worry that the recovering US economy won't be able to handle the amount of deficit reduction headed its way in the coming months. It can;t be avoided, but it can be made easier to overcome.