Magazine May 23, 2016, Issue

Letters

The Apartment of Labor

Scott Lincicome’s comprehensive and illuminating article “The Truth about Trade” (April 11) describes several government policies that have acted to exacerbate current labor-market inefficiencies. One could speculate on the role of an additional government policy in the genesis of the problem — its aggressive promotion of home ownership. Unable to deal politically with middle-class wage stagnation, the government for decades sought to prop up middle- and lower-class living standards by pushing subprime-mortgage availability through the banking system. (It worked pretty well until 2008.) The anchoring effect of home ownership could well act as an additional deterrent to

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THE SS NORMANDIE Confiscated from Vichy France, she sat In the Hudson for months until the fire. The smoke was so thick over midtown, rumors Spread the Japanese had attacked New York. The old transatlantic ...
Politics & Policy

Letters

The Apartment of Labor Scott Lincicome’s comprehensive and illuminating article “The Truth about Trade” (April 11) describes several government policies that have acted to exacerbate current labor-market inefficiencies. One could speculate ...
Politics & Policy

The Week

‐ As Abraham Lincoln said, “You’re fired.” ‐ Protesters, many of them riotous, dogged Donald Trump in southern California. In Costa Mesa, they blocked an interstate, threw debris at passing cars, ...

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