Economic Roundup

Economic Roundup

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On November 17, the Center for Economic Policy Research posted a study on unionization worldwide. It shows that that it has fallen in every major country over the last 50 years.

Also on November 17, the Census Bureau released new data on the impact of education on lifetime earnings. They show that someone with a B.A. will earn $1 million more over their working life than someone with only a high school diploma.

On November 16, the Russell Sage Foundation published a study showing that increasing numbers of Americans are living in neighborhoods that are segregated by income.

On November 15, the Federal Reserve Board released a working paper examining the distribution of wealth. It finds that while total household wealth has fallen sharply during the economic crisis, the distribution of wealth has changed very little.

Also on November 15, the Congressional Budget Office published a report on options for economic stimulus. Among the findings: tax cuts would have a weak stimulative effect.

And on November 15, the Census Bureau released data on the declining rate of geographical mobility in the U.S.

A November 14 Battleground poll found that two-thirds of people do not believe that the next generation will be better off than the current generation.

On October 25, the Bureau of Labor Statistics published working paper which found that a prime cause of unemployment is that the average size of business establishments has been declining since 2001. In particular, new startups are smaller and tend to stay smaller than they used to.

Also on October 25, the Aerospace Industries Association issued a study showing that a $45 billion cut in defense spending will reduce GDP by $86 billion.

The October issue of the Monthly Labor Review has an article on the characteristics of workers at U.S.-based multinational companies.

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 his new book: The Benefit and the Burden.

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.