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Harold Meyerson

Harold Meyerson is the editor-at-large at The American Prospect and a columnist for The Washington Post. His email is hmeyerson@prospect.org

Recent Articles

Subsidizing Poverty

AP Images/Rich Pedromcelli
Want to know the problem with enterprise zones? Then check out Sunday’s Riverside Press Enterprise , one of the best midsized newspapers in California. A story in it covers Governor Jerry Brown’s successful campaign to have the legislature put enterprise zones out of their misery. (Brown recently signed the bill abolishing the zones.) Conceived by the late Jack Kemp and other unusually well-meaning right-wingers to bring jobs to the inner-city, enterprise zones have provided subsidies to businesses for creating jobs they might have created in any case. Disproportionately, the jobs created were low-paying. Also at Brown’s prompting, the legislature replaced enterprise zones with a better-targeted subsidy. Under the new law, businesses in high-unemployment and high-poverty areas will be eligible for tax credits that come to 35 percent of a new hire’s wages—provided those wages are between $12 and $35 an hour. This drew a wondrous complain from Colin Strong, the head of the San...

What Tom Friedman Doesn’t Understand About the Economy, Part 72

AP Images/Charles Dharapak
“Average is over,” New York Times columnist Tom Friedman likes to proclaim, and in at least one particular, he’s right. Friedman no longer writes average columns. With each passing week, his efforts become steadily more moronic. His latest , in Sunday’s paper, is entitled “Welcome to the Sharing Economy,” and in it, Friedman mistakes economic marginality and desperation for innovation and opportunity. The subject of this particular essay is Airbnb, a website where travelers go to rent bedrooms in other people’s homes. “There’s an innkeeper residing in all of us!” Friedman effuses, as he recounts how Airbnb may have as many as 200,000 people per night this summer plopping down in some stranger’s kid’s bedroom. Enthralled by the sheer techno-innovation of it all, Friedman doesn’t pause to ponder just what would impel a parent to turn over junior’s room for a few bucks. Could it be that the factory closed? That Wal-Mart pays so little? No matter: “Ordinary people can now be micro-...

The Great Detroit Betrayal

AP Photo/Paul Sancya
AP Photo/Duane Burleson D etroit has filed for bankruptcy. Most of the spot-news coverage has focused on the immediate fiscal crisis of the city, but the immediate fiscal crisis really isn’t what got the city into such deep trouble. Certainly, Detroit’s contracts with its employees and its debts to its retirees don’t explain anything about how and why this once-great city has come to such grief. Those contracts and retirement benefits are par for the course for major American cities—certainly, no more generous than those in cities of comparable size. Any remotely accurate autopsy of the city will find the cancer that killed Detroit was the decline of the American auto industry. The failure of U.S. automakers in the '70s, '80s and '90s to make better cars at a time when foreign-made autos were beginning to enter the U.S. market was surely one factor. Another was the trade deals that made it easy for Detroit automakers to relocate to cheaper climes—most particularly, NAFTA, which...

All Hail Harry Reid!

AP Images/J. Scott Applewhite
The United States Senate and the nation it so imperfectly represents both had a good day today, thanks to something that’s been in short order around here lately: A Democrat who knows how to play hardball. By threatening Republicans with ending their right to filibuster presidential executive-brand nominees, Majority Leader Harry Reid ensured that President Obama’s appointments to departments and agencies that Republicans don’t much like would nonetheless be approved. It’s important to note that the Republicans’ real objections have been less to the individual nominees and more to the bodies they were supposed to lead: The Department of Labor, the Environmental Protection Agency, the National Labor Relations Board, and the Consumer Financial Protection Bureau. Workers, consumers and the environment rate a big “Feh” from Republicans, but unable to muster the votes to put their respective bureaus out of business, the GOP has used their power to filibuster to cripple them. Harry Reid...

Ending Minority Rule

AP Images/J. Scott Applewhite
The first test vote that Senate Majority Leader Harry Reid is scheduled to bring before the Senate this morning is that of Richard Cordray, President Obama’s pick to head the Consumer Financial Protection Bureau. Reid decided to lead off with Cordray for a very good reason: The Republicans’ insistence on filibustering him makes clear their real intent is to throttle the Bureau. They are using a filibuster of an appointment to effectively repeal legislation they don’t otherwise have the votes to repeal. Nothing could better make Reid’s case that the filibuster has been twisted into a vehicle for minority rule. Republicans have openly acknowledged that their opposition to Cordray isn’t to Cordray himself. Rather, they say, they oppose giving the bureau’s director the power to direct the bureau. Instead, they’d like a bipartisan board to run the bureau. Their reasoning is straightforward: A single director might just advocate for consumers. If there were a bipartisan board, however, it...

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