Admitting that it is neither the ’80s nor the ’90s anymore is the first step toward backing away from the Reagan-Thatcher view of economics that has been surprisingly durable for 35 years: that markets need little regulation, that social programs are overrated or even harmful, and that taxes should always be kept as low as possible.
And many community college students—even with that itsy, bitsy $3,347 annual tuition bill—are opting for loans. The average community college student owes $3,700, according to the Center for Education and the Workforce at Georgetown University, which crunched numbers from the Department of Education.
Holzer also noticed a troubling incongruity last month between the 111,000 increase in the total number of US employees and the 273,000 decrease in the size of the labor force.
In that context, at least, so what if the unemployment rate dipped from 5.8 percent to 5.6 percent? “Most of that was driven by people leaving the workforce rather than gaining jobs,” Holzer said.
"There is this ongoing puzzle, and economists are trying to figure this out," says Harry Holzer, a former chief economist for the Labor Department.
Holzer says that, historically, when unemployment has fallen to a number like December's 5.6 percent, the increased demand for labor has pushed wages up. Not this time.
Melissa Block speaks with our regular political commentators, E.J. Dionne, of the Washington Post and Brookings Institution and David Brooks, of the New York Times. They discuss the new Congress, Keystone XL Pipeline votes and terror in Paris.
By 2020, 65 percent of the nation’s jobs will require postsecondary education and training beyond high school, according to Georgetown University’s Center on Education and the Workforce. At the rate we are now producing workers with needed credentials, we are looking at a shortfall of 11 million workers, says Tony Carnevale, the center’s director.
In a motion to dismiss the case, the defendants, including Mila Kofman, executive director of D.C. Health Benefit Exchange Authority, stated, “District of Columbia law limiting the SHOP to ‘small employers,’ thereby excluding the participation of Members of Congress and congressional staff, obviously conflicts with regulations authorizing Members of Congress and designated staff to enroll. Where the local statute is preempted by federal statute or regulation, the local statute must yield to the extent the federal statute or regulation applies.”
There will never be another politician like Mario Cuomo, a man shaped by a different age. Yet he taught lessons about racial reconciliation, the role of religion in politics, the purposes of politics itself and — oddly for a politician — humility that will always be fresh.
This is the first year individuals are required to tell the IRS about whether they had health coverage. The D.C. Health Benefit Exchange Authority Executive Director Mila Kofman told me recently she's expecting some confusion around tax time.
"Try contacting the local [state health insurance assistance program] for one-on-one counseling," says Jack Hoadley, a research professor at Georgetown University's Health Policy Institute. You can locate your local program by searching this website.