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Articles about the work of Michael Powell

NYT on Public Sector Pay
futureofcapitalism.com

Sunday's New York Times carried a front-page news article, focusing on New Jersey, on the differences between public-sector and private-sector pay. The Times wrote:

A raft of recent studies found that public salaries, even with benefits included, are equivalent to or lag slightly behind those of private sector workers. The Manhattan Institute, which is not terribly sympathetic to unions, studied New Jersey and concluded that teachers earned wages roughly comparable to people in the private sector with a similar education.

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Government Saves the South Bronx
futureofcapitalism.com

As a general rule I make an effort to keep the tone elevated around here by avoiding sweepingly dismissive adjectives, but if there were ever a moment for an exception, it would be this breathtakingly stupid article in today's New York Times by Michael Powell, which runs under the Web headline "Government Can't Improve Economy? Tell That To the South Bronx."

Mr. Powell writes: "what is there should (but almost certainly will not) give pause to those who argue that government lies at the source of our ills." He writes, "The Bloomberg administration will, in the end, have poured more than $8 billion into building and preserved 165,000 apartments....The era of government may be in danger. But it saved the South Bronx."

There are at least three problems with this tale.

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Lost in the Bronx
smartertimes.com

A Michael Powell column faulting the Archdiocese of New York for laying off teachers at Catholic schools and offering severance of either six months of health insurance or $5,000 twice refers to "University Boulevard" in the Bronx. A Smartertimes reader-community member-watchdog-participant-content co-creator in the Bronx says the correct name of the street is University Avenue. Meanwhile, Mr. Powell doesn't explore what severance the New York Times Company gave to the employees it laid off when the voluntary buyouts it offered earlier this year failed to achieve the full cost reductions necessary. That would be an interesting basis for comparison, at least.

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Greenberg's Aerie
smartertimes.com

A truly nasty column by Michael Powell in today's Times relies on an anonymous source to smear the insurance executive Maurice Greenberg.

The column says that Mr. Greenberg "has fought a lengthy battle from his Fifth Avenue aerie to avoid acknowledging anything sounding like personal responsibility for the disaster that befell A.I.G. and its shareholders."

This is an odd formulation. First of all, Mr. Greenberg's office is on Park Avenue. Second of all, the "disaster that befell A.I.G. and its shareholders" was really what happened after Mr. Greenberg had been forced out as CEO.

The anonymous smear comes here:

"Is there personal affection for him? Very little," said an executive whom Mr. Greenberg has called upon to defend him.

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Powell Versus the Orthodox
smartertimes.com

New York Times columnist Michael Powell takes a detour in the midst of a column about the debate over "speed cameras" near New York schools to launch into tirade against Orthodox Jews.

There's a long and sorry history of false accusations during Passover (which this is) of Jews killing children. Mr. Powell veers awfully close into that territory. He quotes the mayor blaming two state senators for the deaths of children in traffic, then writes that both senators have a lot of Jews in their districts:

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Government Saves the South Bronx
futureofcapitalism.com

As a general rule I make an effort to keep the tone elevated around here by avoiding sweepingly dismissive adjectives, but if there were ever a moment for an exception, it would be this breathtakingly stupid article in today's New York Times by Michael Powell, which runs under the Web headline "Government Can't Improve Economy? Tell That To the South Bronx."

Mr. Powell writes: "what is there should (but almost certainly will not) give pause to those who argue that government lies at the source of our ills." He writes, "The Bloomberg administration will, in the end, have poured more than $8 billion into building and preserved 165,000 apartments....The era of government may be in danger. But it saved the South Bronx."

There are at least three problems with this tale.

Read More...


NYT on Public Sector Pay
futureofcapitalism.com

Sunday's New York Times carried a front-page news article, focusing on New Jersey, on the differences between public-sector and private-sector pay. The Times wrote:

A raft of recent studies found that public salaries, even with benefits included, are equivalent to or lag slightly behind those of private sector workers. The Manhattan Institute, which is not terribly sympathetic to unions, studied New Jersey and concluded that teachers earned wages roughly comparable to people in the private sector with a similar education.

Read More...


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Michael Powell

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