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United States

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You Are the Company You Keep

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You Are the Company You Keep

President Donald Trump is expected to announce any hour (or day) now, whether or not he will pull the United States out of the Paris climate agreement. While the world anxiously waited for his decision today, there were two loud statements encouraging Trump keep the US commitment to the agreement.

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Public Universities Still Reeling from Great Recession — Plan Accordingly

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Public Universities Still Reeling from Great Recession — Plan Accordingly

Happy 5/29 Day! In this blog, we review a New York Times op-ed piece by David Leonhardt that goes into the Great Recession's lasting damage to state funding of public universities, and how it has contributed to the hardships of lower- and middle-income Americans.

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The Paris Climate Agreement and American Competitiveness

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The Paris Climate Agreement and American Competitiveness

Trump's environmental, trade, and immigration policies, risk doing serious and lasting damage to American economic competitiveness. Human talent and financial capital know few borders in today's modern world. Let's not let America's overall economic competitiveness in the world go the way of America's automotive industry.

No Convergence Between Hard and Soft Data in Q1 GDP Numbers

No Convergence Between Hard and Soft Data in Q1 GDP Numbers

The conundrums continue. Despite strong consumer and business confidence, economic activity is tepid. Q1 GDP growth was only 0.7 percent, and real personal income wage growth was only 1.0 percent. Right now markets are betting that economic activity will rise to meet the high levels of confidence. We hope the markets are right, but we have our doubts.