Economic Roundup

Economic Roundup

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On July 15, the National Bureau of Economic Research published a study which found that the rise of two-earner households has greatly reduced the time parents spend with their children.

On July 13, the Democratic staff of the House Committee on Oversight and Government Reform released a report which presented evidence that the Republican members of the Financial Crisis Inquiry Commission politicized their findings.

On July 12, I posted a commentary warning that fiscal and monetary tightening are raising the odds of another recession.

On July 12, the Joint Economic Committee held a hearing on training workers for jobs in manufacturing.

On July 11, the Kauffman Foundation published a study showing that slower than normal growth among recently established firms is a major cause of high unemployment.

On July 11, the Federal Reserve Bank of San Francisco published a study which found that the recession has cost every American $7,300 in consumption thus far.

A July 11 study from the Federal Reserve Bank of Minneapolis found that the disappearance of large manufacturing plants is due more to the fact that they have downsized in terms of employment rather than having closed.

A July 8 Brookings study found that most family income gains have come from longer work hours, not higher wages.

On June 30, the Bureau of Labor Statistics published a study which found that people tend to overestimate their hours at work by 10 percent compared to their actual hours.

On June 20, the Council of Economic Advisers published a report on foreign investment in the U.S.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column at The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday, 2006). 

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.