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Michael R. Strain

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Consumer debt is piling up, and that’s OK

Consumer debt is rising in the U.S., and the reaction to this news has been both heated and predictable: “Americans in record debt: It’s...

Don’t charge employers for workers on welfare

Sen. Bernie Sanders, D-Vt., is all set to propose legislation that proposes to put a tax on large businesses with employees who receive benefits...
IT IS NOT CLEAR WHY, but despite rising employment and a growth in the labor force, wages in the United States are not climbing at the rate that many think it should. / BLOOMBERG NEWS FILE PHOTO

Opinion: Emotions and economics explain stagnant wages

NEW YORK – The labor market appears to be quite strong, judging by June’s unemployment figures. The rate ticked up in June to 4...

Stop whining about ‘skills gap’

There are about 6.5 million job openings in the U.S., a record high. The number of people looking for work without success is falling...

Cut corporate taxes to boost growth

Like so many things in Washington, the debate over the effects of cutting the corporate tax rate has become too hot for its own...
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