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My presentation today at
@resfoundation on@POTUS record of economic progress and the challenges that remain: https://www.whitehouse.gov/sites/default/files/page/files/20161117_furman_resolution_foundation_economic_record_cea_slides.pdf … -
[Vidéo] Comment repenser le rôle de la politique budgétaire ? avec
@CEAChairhttp://youtu.be/pCfnCwhvPaw?a -
Chmn of W.H. Council of Econ Advisers Jason Furman
@CEAChair, a key architect of US econ recovery, is in Prague to meet with CZ policymakershttps://twitter.com/jan_mladek/status/798813294068830212 …
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Nous accueillions avec
@CEPII_Paris@CEAChair pour un débat "Comment repenser le rôle de la politique budgétaire ?" http://ow.ly/EtPO306bLwG pic.twitter.com/ZWqasAPsku
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My presentation today at
@Strategie_Gouv on "the New View of Fiscal Policy and its Application": https://www.whitehouse.gov/sites/default/files/page/files/20161115_furman_francestrategie_fiscalpolicy_cea_slides_0.pdf …https://twitter.com/Strategie_Gouv/status/798527300778258432 …
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Chief Economist WH
@CEAChair@OECD: most#OECD countries have seen lower productivity growth &
levels of inequalitypic.twitter.com/2Std71YtxK
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@CEAChair: a good#health care system helps#enterpreneurship/risk taking &#labour mobility@OECD_Social -
Important op-ed by
@CEAChair and@Alan_Krueger explaining corporate (monopsony) power, amplifying recent CEA paper:http://www.wsj.com/articles/why-arent-americans-getting-raises-blame-the-monopsony-1478215983 … -
@CEAChair and I discuss anti-competitive labor mkt practices and what the Obama Admin is doing about them in WSJ:http://www.wsj.com/articles/why-arent-americans-getting-raises-blame-the-monopsony-1478215983 … -
Unemployment rate for veterans has been cut by more than half since its peak, but challenges remain, especially for post-9/11 vets.pic.twitter.com/Sb9CyFQZxY
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One cause may be less bargaining power for workers & more employer monopsony.
@Alan_Krueger & my op-ed in@WSJ todayhttp://www.wsj.com/articles/why-arent-americans-getting-raises-blame-the-monopsony-1478215983 … -
With rising real wages, labor share of income has risen since 2014, though long-term downward trend remains.pic.twitter.com/nvIw2hJXjg
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Over past year, wages up 2.8%, fastest rate since 2009. Real wages have grown faster in current business cycle than any since early 1970s.pic.twitter.com/tFFeyJSqpj
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US businesses have added 15.5 million jobs since early 2010. Longest streak of total job growth on record.pic.twitter.com/yenLEbHAqa
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Economy added 161K jobs in October. UR ticked down to 4.9%. Over past year, fastest wage growth since recovery beganhttps://www.whitehouse.gov/blog/2016/11/04/employment-situation-october …
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If TPP does not pass, US also forgoes vital opportunity to boost economic growth & shape trade in Asia with US values & high standards
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This v conservative estimate only measures risk to exports in 1 market & goods tariff cuts. Many other mkts & barriers to US firms at stake.
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China would likely see typical tariff cuts of over 5 percentage points where tariffs are cut & many tariffs cut by over 10 percentage pointspic.twitter.com/XLTJoxXjQD
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Chinese firms would gain advantage over at least 35 US industries that employ nearly 5 mil. workers & sell $5.3 bil. in goods to Japan/yearpic.twitter.com/rPcNwWtFnt
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China would face tariffs half as high as the US when exporting to Japan.
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Jason Furman
France Stratégie
Andrew Schapiro
NL Ambassador OECD
Mike Konczal
Alan B. Krueger