Michael R. Strain, Discover and Read the Best of Twitter Threads by @MichaelRStrain

Michael R. Strain

MichaelRStrain

THREAD. Don't obsess about the shocking April jobs report. It just means that pandemic recovery has a long way to go. The labor market is weak, not tight. Expect millions

THREAD. Workers were suffering in 2016. But the politics of grievance will likely make no sense in 2024. Someone should tell GOP politicians. My latest Bloomberg column: https://www.bloomberg.com/opinion/articles/2021-04-22/republican-attac

THREAD. For the economy to be in the same place it was in this time last year, tomorrow's GDP number will have to show that GDP grew at a 50

THREAD. The success of Congress’s efforts to support the economy in this once-in-a-century crisis seems to have undermined the perceived need for those efforts to continue.My latest Bloomberg column: https://www.bloomberg.com/opinion/arti

THREAD. A lack of audacity is going to damage an entire generation. Waiting for a vaccine to reopen schools is a terrible plan. Restaurants can figure out outdoor dining. Why

THREAD. The debate over unemployment benefits is premised on a false choice, as if it’s impossible to support consumer spending without excessively discouraging people to go back to work.My latest

THREAD.Plan: 1. Schools should assume that everyone in the U.S. will start wearing masks today and make plans for a normal, 5-day school week this fall. Full-time, in-person instruction. 2.

THREAD. Vice President Biden's campaign further shows that economic nationalism has bipartisan appeal. It’s also a threat to recovery and prosperity.My latest Bloomberg column: https://www.bloomberg.com/opinion/articles/2020-07-14/bid

THREAD. The U.S. needs to reopen schools this fall. The future earning power of today's students has already been slashed, with dire economic consequences that only reopening can relieve.My latest

14/ In other words, 86 percent of today’s 40-somethings who were raised in the bottom 20 percent have higher incomes than their parents did when the parents were in their

THREAD. Do successive generations do better than their parents? Has the U.S. become a rigid “class society,” or is Horatio Alger’s vision of economic advancement through hard work still alive

THREAD.The debate over reopening the economy has heated up. Good. We need to reopen soon.In my latest Bloomberg column, I discuss seven principles to guide that debate: https://www.bloomberg.com/opinion/articles/2020-04-14/coronavirus-impact-on-econo