The Incompetence of Economic Policy Makers: Why U.S. Women Are Leaving the Labor Force

But the failure of the United States to meet the needs of working parents doesn't respond to the headline of the piece, "why U.S. women are leaving jobs behind." The answer to this question is very clearly the state of the economy. After all, the employment to population ratio (EPOP) for prime age women peaked in 2000 at 74.2 percent, coincidentally the peak of the business cycle. After the stock bubble burst and threw the economy into recession in 2001 the EPOP for prime age women declined. It bottomed out at 71.8 percent in 2004 and then started to rise as the economy began to create jobs again. It peaked at 72.5 percent in 2006 and 2007 and then tumbled to a low of 69.0 percent in 2011. Since then it has inched up gradually as the labor market has begun to recover from the downturn.

Anyhow, it is good to see the NYT draw attention to the failure of the United States to provide adequate support for working families which leads to unnecessary hardships for both parents and children. But it is seriously misleading to imply that the causes of the drop in employment of women in this century can be found anywhere other than the failed macroeconomic policies originating in Washington.

Navy Tests Super Precise Laser Weapon in Persian Gulf

The changing state of warfare:

The Navy has been conducting live experiments with high-energy weapons since 2011, when they demonstrated an earlier version of the LaWS that could successfully shoot down drones and sink small boats. The most recent tests surpassed their expectations in how quickly and effectively it tracked and destroyed ever more difficult targets.

The Shame of America's Rotting Roads

The assumption was that the system's maintenance and improvements would be paid for by users: Those who drove on the roads and highways. The fairest way to assess that was through a gasoline tax. Drive more or bigger vehicles, you pay more. Seems rather logical.

Fast-forward a half-century.

The gas tax has been stuck in a time warp. It was last raised in 1993, to 18.4 cents a gallon. Despite the passage of more than 20 years, with both ensuing inflation and an aging system that needs ever-more maintenance, there it has stayed. The Highway Trust Fund has been starved of cash, and is the process of going broke.

Why Poor People Stay Poor: Saving money costs money. Period.

Because our lives seem so unstable, poor people are often seen as being basically incompetent at managing their lives. That is, it’s assumed that we’re not unstable because we’re poor, we’re poor because we’re unstable. So let’s just talk about how impossible it is to keep your life from spiraling out of control when you have no financial cushion whatsoever. And let’s also talk about the ways in which money advice is geared only toward people who actually have money in the first place.

The Vanishing Male Worker: How America Fell Behind

Working, in America, is in decline. The share of prime-age men — those 25 to 54 years old — who are not working has more than tripled since the late 1960s, to 16 percent. More recently, since the turn of the century, the share of women without paying jobs has been rising, too. The United States, which had one of the highest employment rates among developed nations as recently as 2000, has fallen toward the bottom of the list.

The Real Reason Richer People Marry

By now it is common knowledge that professionals are more likely to marry and less likely to divorce than are less educated workers. Among 20- to 49-year-old men in 2013, 56 percent of professional, managerial and technical workers were married, compared with 31 percent of service workers, according to the American Community Survey of the Census Bureau. Some people argue that the gap is largely a result of a decline in traditional values among working-class men, particularly whites who constitute the majority of them. Supposedly they are not as industrious in seeking employment as were their fathers and grandfathers and so fail to secure the steady jobs needed for marriage.
But some digging into historical census records shows that social class differences in marriage have been tied to the extent of income inequality among white Americans for at least 130 years. They also suggest that commentators who insist that the marriage gap is wholly a matter of values are almost surely wrong.

I.e., "It's the economy, stupid"