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WaPo Asks: 'Made in America' Manufacturing Revival?

The Washington Post today published a special section—in print and on the Web—about what some say is a resurgence of “Made in America” manufacturing.

In the section’s anchor piece, Brad Plumer writes that some U.S. firms have “reshored” their manufacturing operations in the United States and that even some Chinese companies have located new plants here. He cites a narrowing wage gap between U.S. workers and their foreign counterparts, lower energy and transportation costs and automation as key drivers in moving manufacturing to the United States.

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CEPR Report: How to Create More 'Good' Jobs

CEPR Report: How to Create More 'Good' Jobs

new report from the Center for Economic and Policy Research (CEPR) shows the country needs to increase union membership significantly, create universal health care, a universal retirement system (beyond Social Security), expand college attainment and achieve gender pay equity to create more "good" jobs in the United States. 

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Boston's Low-Wage Workers Affected by City's Shutdown

While most attention in the Boston tragedy is rightfully focused on the victims of last Monday's bombings at the Boston Marathon, the damage done by the terrorist attacks didn't end with the explosions or the subsequent shootout that led to additional deaths. Much of the city shut down during the manhunt for the terror suspects; and while most salaried employees could take the day off without losing pay, low-wage workers did not have that luxury. Other workers were forced to work long hours or brave dangerous conditions to get their jobs done.

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Kuttner: Debt Double Standard A Drag on the Economy

Photo courtesy UofSLibrary

Economist Robert Kuttner visited AFL-CIO's book club earlier this week to discuss his forthcoming book, Debtors' Prison: The Politics of Austerity Versus Possibility. In the book, Kuttner argues that policymakers are focused on the wrong kind of debt in making laws and attempting to fix the economy. Rather than a heavy emphasis on reducing the public debt, which leads to misguided policies of austerity, Kuttner says, reducing personal debt would go much further toward improving the economy and spurring job growth.

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Kids vs. Seniors: An Urban Myth

Are we spending too much on seniors and too little on kids? Many will recognize this as a classic either-or fallacy (what about tax breaks for the wealthy…?) But with Ronald Brownstein, Ezra Klein and Charlie Cook all repeating the Urban Institute statistic that federal spending on seniors is nearly seven times that on children, the idea that seniors are crowding out children’s programs is catching on in Washington. Meanwhile, Urban Institute’s estimate that state and local governments spend nine times more on kids than on seniors hasn’t gotten the same attention. Overall, it appears that government spending on seniors is roughly double (or less) that on children, though this measure includes Social Security, which is almost entirely funded through worker contributions.

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Unbelievable. Excel Sheet Error (Among Other Omissions) Is a Driving Force Behind Austerity Economics

Reinhart & Rogoff Excel Sheet

In real sciences, when a researcher claims to have made a major discovery, the researcher has to make the data he or she used public and other scientists immediately test it to see if it can be replicated. The results aren't accepted as valid, let alone acted on or relied on, in fields where people could get hurt—like medicine or engineering—until they are tested. And if you withhold the data from your colleagues, you are not a scientist, you are a quack. And then there is economics.

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Stiglitz: U.S. Paying a High Price for Inequality

Stiglitz: U.S. Paying a High Price for Inequality

On Monday, Nobel Prize-winning economist Joseph Stiglitz told a packed crowd at the AFL-CIO headquarters in Washington, D.C., that the United States is paying a high price for the growing inequality facing the country. But, despite the long-thought idea that we have to choose between growth and equality, he said that the two are complements and that we can have both a strong, growing economy and equality.

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Report: Young People Continue to Face Jobs Crisis

Report: Young People Continue to Face Jobs Crisis

In a new report for Demos, Stuck: Young America's Persistent Jobs Crisis, authors Catherine Ruetschlin and Tamara Draut examine the state of the youth workforce in the United States and find that while the overall economy is showing signs of improvement, young workers are still in a state of crisis. The authors warn that if policy isn't changed to address the challenges young people face, "we risk a generation marked by the insecurities of the Great Recession for the rest of their working lives."

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