Kevin Drum

Welfare Reform May Need to be Reformed

Welfare Reform May Need to be Reformed

When the main US welfare program (Assistance to Families with Dependent Children–AFDC) was transformed into Temporary Assistance for Needy Families in the 1990s, it was hailed a a great success. The intent of the reform was to make it a last-resort “safety net” rather than an income support program. The last decade has been a […]

Read More →

Read More →

Recovery?  What recovery?

Recovery? What recovery?

Every few months, we are reminded that the economic recovery has been anemic up to now, but next year, it will be different.  In case you missed it, over at the NYT’s Upshot, Neil Irwin took a look at the latest trends in housing and provided a sobering corrective to this conventional optimism: The number […]

Read More →

Read More →

Maybe the US ISN’T Losing its Entrepreneurial Mojo, After All

Maybe the US ISN’T Losing its Entrepreneurial Mojo, After All

In our previous post, we discussed a study suggesting there was a decline in entrepreneurial activity in recent years in the US.  You may remember that blogger Kevin Drum had some doubts about the study.  Well, he followed it up with a little checking and now makes the case that the situation hasn’t changed at […]

Read More →

Read More →

The US is Losing its Enterpreneurial Mojo

The US is Losing its Enterpreneurial Mojo

That’s the implication of a new study by Ian Hathaway and Robert Litan published by the Brookings Institution.  According to the authors, the outlook isn’t brilliant, to say the least:  Overall, the message here is clear. Business dynamism and entrepreneurship are experiencing a troubling secular decline in the United States. Existing research and a cursory […]

Read More →

Read More →

Changes in On-Line Retail May be Good News for Downtowns

Changes in On-Line Retail May be Good News for Downtowns

Kevin Drum has this take on how the changing world of e-commerce may be good news for your local downtown: The Wall Street Journal reports that foot traffic in retail outlets plummeted this holiday season: A long-term change in shopper habits has reduced store traffic—perhaps permanently—and shifted pricing power away from malls and big-box retailers. […]

Read More →

Read More →

Is the Skills Gap really a Wage Gap?

Is the Skills Gap really a Wage Gap?

That’s the question raised by blogger Kevin Drum.  He cites a recent article quoting Eric Hahn a manager at General Plastics, a manufacturer in Washington state who can’t find applicants that can meet the basic math requirements for a recent job posting: OK, now look at the chart on the right. [You can click on […]

Read More →

Read More →

Top