Seymur Slavin: The startling fact is that low wage jobs now constitute 58% of all job growth. The jobs with the fastest growth were retail sales at a median wage of $10.97 per hour. At this salary, workers would be eligible for food stamps.
Adam Eran: Niello apparently believes government’s taxes, spending and regulations never produce any real benefit; they only kill jobs. Never mind that better regulation would have prevented the sub-prime meltdown that has sent our economy into a tailspin, or that taxes have been cut for the last 30 years without any unusual upturn in the economy.