Nice to see that that the NY Times editorial board has been reading my posts.  From today’s editorial, More Jobs, Higher Pay:

In recent years, the administration and Congress have been consumed with deficit reduction, which is antithetical to job creation because it curbs government spending when the economy is weak. Unless Mr. Obama can shift policy away from premature austerity and toward ways to bolster demand and foster investment, job growth will remain sluggish and unemployment high.

What has been missing for years is a forceful labor agenda – one that calls for more jobs, but also has as its goal rising wages coupled with robust hiring.

Now if only the White House and Congress would start paying attention.  Unfortunately, an aggressive jobs agenda does not appear to be in the cards.