Economic Roundup

Economic Roundup

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On September 6, Pew published a study examining downward economic mobility among the children of the middle class.

An August 31 Gallup poll found that the public approval of labor unions remains at a historically low level.

An August 31 Rasmussen poll found that people oppose having the federal government hire 1 million of the unemployed by a 51 percent to 30 percent margin.

An August 30 commentary by Macroeconomic Advisers says that $50 billion in state aid would save more jobs than $60 billion in unemployment benefits.

On August 29, the Federal Reserve Bank of St. Louis published a study on the gender wage gap. It found that when adjustments are made for education, experience, occupation, career interruption, part-time status, and overtime hours worked, the gap falls from 20 percent to 5 percent.

Also on August 29, the Boston Consulting Group published a report on why manufacturing will return to the U.S. Reasons including rising wages in China and a falling dollar.

On August 26, Moody’s Analytics published a report on measures that might prevent another recession.

On August 24, the Congressional Budget Office released its latest quarterly report on the economic impact of the Recovery Act.

An August 16 survey of investment managers by KPMG found that the threat of new regulations is undermining growth.

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 for 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.