People think unemployment is still relatively low, but there's all the difference in the world between a tight labor market and a weak one when you're talking about employees' ability to bargain for a fair share of growth.
More Quotes from Jared Bernstein:
This is a pretty negative report. The reason unemployment ticked down is the labor force contracted. That suggests fewer people are getting into the game, looking for work, and that kind of discouragement can lead to a lower unemployment rate.Jared Bernstein
Home appreciation was offset by lousy wage growth and debt accumulation.
Jared Bernstein
American companies really haven't been sinking much of their gains back into domestic investment.
Jared Bernstein
He talks about lending a helping hand to the poor and disadvantaged. But these policies push the other way, toward lower wages and less racial inclusion.
Jared Bernstein
The jobless recovery remains with us, and the job machine is stuck in neutral at this point.
Jared Bernstein
If you're a native high school dropout in this economy, you've got a slew of problems of which immigrant competition is but one, and a lesser one at that.
Jared Bernstein
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Madeleine LEngle
After he was assassinated, his family and the men who had served him continued the lying and began the destruction, censoring and hiding of JFK's medical records.
Richard Reeves
If I read not amiss, this powerful race will move down upon Mexico, down upon Central and South America, out upon the islands of the sea, over upon Africa and beyond. And can any one doubt that the results of this competition of races will be the "survival of the fittest?"
Josiah Strong