Josh Bivens
@joshbivens-econ.bsky.social
Mostly here for discussions of economics and policy. All views here are my own.
I'm sure somebody has pointed this out already, but, the Trump administration's excitement about 1.7% ytd growth in real average hourly earnings for prod/non-supervisory workers is...weird? Kind of 'meh' relative to what they inherited? For context, last bar on right is what they're so excited about
June 20, 2025 at 5:14 PM
I'm sure somebody has pointed this out already, but, the Trump administration's excitement about 1.7% ytd growth in real average hourly earnings for prod/non-supervisory workers is...weird? Kind of 'meh' relative to what they inherited? For context, last bar on right is what they're so excited about
Congrats to the chaos machine in the Trump admin for potentially spiking a very strong economy in record time? Atlanta GDPNow tracker is now negative for the current quarter. This is actually kind of astounding.
February 28, 2025 at 4:47 PM
Congrats to the chaos machine in the Trump admin for potentially spiking a very strong economy in record time? Atlanta GDPNow tracker is now negative for the current quarter. This is actually kind of astounding.
Again, this is not some advocate’s view held in the face of overwhelming opposition from technocrats. David Reifschneider ran the “lower aggregate demand” scenario through the Fed’s macro model and found the following (emphasis mine). 8 www.piie.com/sites/defaul...
February 27, 2025 at 4:54 PM
Again, this is not some advocate’s view held in the face of overwhelming opposition from technocrats. David Reifschneider ran the “lower aggregate demand” scenario through the Fed’s macro model and found the following (emphasis mine). 8 www.piie.com/sites/defaul...
I don’t think Ben Bernanke and Olivier Blanchard, for example, are just trying to fool Democratic partisans by noting this below. 6 www.brookings.edu/wp-content/u...
February 27, 2025 at 4:54 PM
I don’t think Ben Bernanke and Olivier Blanchard, for example, are just trying to fool Democratic partisans by noting this below. 6 www.brookings.edu/wp-content/u...
I'm not sure where that data is, but, on EPI we have an amazing low-wage workforce feature created by @benzipperer.org. This is the share of workers earning < $13 per hour in real dollars over time. 2020s not looking bad here either? 4
February 18, 2025 at 4:32 PM
I'm not sure where that data is, but, on EPI we have an amazing low-wage workforce feature created by @benzipperer.org. This is the share of workers earning < $13 per hour in real dollars over time. 2020s not looking bad here either? 4