Women are Closing the Labor Gap, But Much Work Remains
March 12, 2019
“Balance for better” is the theme of this year’s International Women’s Day, which takes place today. From an economic perspective, women in the U...
Why Preschool is Vital to America's Security
March 06, 2019
Out my window at Huntington Ingalls Industries, I can see the USS Enterprise, the first nuclear-powered aircraft carrier ever built.She is the eighth United States naval vessel to bear...
Op-Ed: MMT Has Given Its Proponent a Bad Number: Infinity
February 27, 2019
Some valuable advice was given to me when I began talking to policymakers almost 40 years ago: Elected officials have flytrap minds. Never put in a number that might turn out...
Why the Fed Faces a Dilemma
February 04, 2019
The employment situation report today is a pleasant but puzzling surprise that poses an important dilemma for the Federal Reserve. The economy created 304,000 new jobs last month, which is far...
Six Things You Need to Know About the New Budget Numbers
October 26, 2018
This fall’s Treasury end-of-fiscal-year budget accounting is an occasion for anxiety even greater than in the past.Here are six sad takeaways:1. The deficit is rising...
How Long Will This Economy Last?
October 07, 2018
The labor market of the American economy continued its march in a straight line upward in September. The unemployment rate hit 3.7 percent, which is the lowest level since 1969. The economy...
State Street Leaders Recognized as Champions of Women in Business
October 03, 2018
U.S. Skills Gap is Hurting Manufacturing
September 12, 2018
In 2017, the Committee for Economic Development (CED) embarked upon a “listening tour” of business leaders and parents to discuss firsthand information about workplace demands and aspirations...
Teachers Are the Key to Quality Education
September 04, 2018
As we pause this Labor Day to celebrate the nation's workers, we should also think about those whose profession helps prepare the citizens and workforce of tomorrow: early...
Are the Tax Cuts Working?
August 27, 2018
In this new age of instant communication, and its associated desire for instant gratification, people also expect instant answers. So no one should be surprised that the 2017 tax cuts, surely...