Daily Archives: July 15, 2009
Obama’s Economic Box
Despite the administration’s aggressive and costly economic policy initiatives, there is trouble all around. Barely six months in office, President Obama already finds himself in an economic box. For despite his aggressive and costly economic policy initiatives, the jobs market … Continue reading
What Depression?
Our current economic crisis has revived economic and political discussions about the Great Depression. One reader wrote to me that Google citations for both the “Great Depression” and the “New Deal” have increased by several million since just last year. … Continue reading
Barney Frank, Chris Dodd Do Banking Back Flip
July 15 (Bloomberg) — Congress can’t make up its mind. First, legislators pushed to let banks take a rosy view of the value of some hard-hit holdings. Now, two key committee chairmen claim banks aren’t being realistic enough about the … Continue reading
Will Iraq Be a Global Gas Pump?
Has it all come to this? The wars and invasions, the death and destruction, the exile and torture, the resistance and collapse? In a world of shrinking energy reserves, is Iraq finally fated to become what it was going to … Continue reading
Part-Time Workers Mask Unemployment Woes
In California and a handful of other states, one out of every five people who would like to be working full time is not now doing so. Part-Time Workers Mask Jobless Woes – David Leonhardt, New York Times
