Michael Greenstone

Michael Greenstone News

  • Amnesty For Immigrants Spurs Greater Employment in U.S.

    Alejandrino Honorato’s journey began with a smuggler who led him across the Rio Grande, into the Texas desert with little food or water and finally to a field where he picked tobacco to pay his passage. Living illegally in a labor camp, he didn’t know lawmakers in Washington were deciding his future.

  • 15 Budget Ideas That Are Better Than Sequester Plan

    Let’s get something straight: Sequestration doesn’t prove that the government is broken or that it can’t get anything done. If anything, it proves the opposite. This is the American government working. Compromising, even.

  • Capping Top Earners’ 401(k) Benefit Seen as Cost Cutter

    Pressure is growing to change incentives for retirement savings as U.S. lawmakers look for revenue, and top earners may pay the price.

  • Obama Promise to Boost Middle Class Already in Peril

    President Barack Obama, who said his “one mandate” in a second term was to help middle class families, takes the oath of office with many barriers to raising most Americans’ living standards.

  • Obama May Back Hiring Credit, Construction Spending to Spur Jobs

    The ideas President Barack Obama is considering for his new jobs agenda could put hundreds of thousands of people back to work, and still have a limited impact in an economy that remains 6.8 million jobs behind its pre-recession peak, economists said.

  • Why Policies to Cut Energy Use Are Badly Designed: Brian Barry

    Most policy ideas for reducing demand for energy rely on one of two claims about why consumers need to be steered toward using less of it. Call these claims Flawed People and Flawed Markets.

  • Obama Needs to Show Voters He’s Why Economy Improving

    On March 9, President Barack Obama flew to Petersburg, Virginia, to tour a Rolls-Royce aircraft engine plant. He’d been to Petersburg before as a candidate, when he stopped his campaign bus to grab lunch at a burger joint. That was in 2008, when he could still blame someone else for the misfortunes of the people he met inside.

  • American Dream Fades for Generation Y Professionals

    After being dismissed from her job as a Midtown Manhattan securities attorney in October 2009, Christina Tretter-Herriger hitched a used horse trailer to her Dodge Ram pickup and drove 1,628 miles to Texas.

  • Obama Seeks Jobs Plan as U.S. Workingman Status Further Erodes

    As President Barack Obama puts together a new jobs plan to be revealed shortly after Labor Day, he is up against a powerful force, long in the making, that has gone virtually unnoticed in the debate over how to put people back to work: Employers are increasingly giving up on the American man.

  • Obama Calls for Incentives to Spur U.S. Oil, Gas Production

    President Barack Obama said there are no “quick fixes” for higher energy costs and the U.S. must embark on a long-term plan to tap domestic resources, cut usage and develop alternatives to fossil fuels.

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