We're hollowing the economy out. It's having enormous negative consequences for families and individuals.
The report of the best industry job gains in over 11 years is more evidence that strong actions taken by the administration last year to slow the flood of predatory-priced imports from China are having positive effects on domestic producers.
The total number of hours worked in the private sector by production labor declined even though there were more of those jobs. That tells me that we're seeing a shift not just away from manufacturing jobs but toward jobs with shorter hours.
The economy's increasing reliance on unprecedented levels of debt is clearly unsustainable and extremely troubling. The only serious questions are when and how will current imbalances be addressed and what will be the consequences.
