Robert J. Samuelson / Politics

Workers at the Mercy of Markets

WASHINGTON -- The questions hanging over Labor Day 2014 are whether and when America gets a pay raise. Ever since the 2008-09 financial crisis, the job market has been in a state of heartbreaking weakness. But the worst now seems to be over. As ...

Wealth Inequality -- Some Hidden Good News

WASHINGTON -- The Census Bureau released a report the other day on Americans' wealth that seemed full of bad news. Middle-class wealth was down, and inequality -- the gap between the top and everyone else -- was up. Stereotypes seem confirmed. But...

Do Dems Do "It" better? Nope

WASHINGTON -- It's a Democratic campaign consultant's dream: a study from two respected academic economists concluding that, since the late 1940s, the economy has consistently performed better under Democratic presidents than Republican. The gap ...

The Post-Euphoric world

WASHINGTON -- What we are witnessing in the spreading turmoil around the world -- in Iraq, in Ukraine, in Gaza -- is the silent rejection of a central tenet of U.S. post-World War II foreign policy: that global prosperity would foster peace and ...

Where Have All the Entrepreneurs Gone (cont.)?

WASHINGTON -- American businesses are aging, I wrote last week, and a sharp decline in startup companies is a big reason. As the share of young firms shrinks, the surviving companies are naturally older -- and this may have huge ramifications for ...

The Fed's Great 'Slack' Debate

WASHINGTON -- Call it the great "slack" debate. For nearly six years, the Federal Reserve has held short-term interest rates near zero to boost the economy. Is it now time to consider raising rates to pre-empt higher inflation? The answer depends ...