We are now looking at unemployment numbers that undermine any confidence that we might be nearing the bottom of the recession. The appropriate metaphor is not the green shoots of new growth. A better image is to look at the true total of jobless people as a prudent navigator looks at an iceberg.
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Jul 14 2009, 11:16 am
Nine Reasons the Economy is Not Getting Better
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The Daily Wrap 11.23.09 10:37 P.M.
Are AIG FP Traders Worth Their Pay Packets? 11.23.09 5:44 P.M.
Obama Has Info, Will Make Afghan Decision Shortly 11.23.09 11:34 P.M.
A Great Day In Harlem 11.23.09 3:00 P.M.
Manufactured failure #6: the wrapup 11.23.09 10:22 P.M.
Sarah Palin and the Rapture 11.20.09 1:23 P.M.
How to do a second stimulus 11.20.09 1:27 A.M.
Are AIG FP Traders Worth Their Pay Packets?
Someone who works in OTC derivatives sends this note in answer to my wondering whether the AIG Financial Products Division traders were really so good at their jobs that we ought to pay them huge sums of money to keep...
We're Going Broke Anyway, So Why Not Spend Like Drunken Sailors?
I have to say, I'm woefully underimpressed with the argument that I am now hearing to the effect that "Medicare will bankrupt America anyway if we can't cut health care costs, so we might as well do health care reform."Anyone...
Will JP Morgan's CEO Be The Next Treasury Secretary?
Does the JP Morgan CEO have public service aspirations?
Obama to Save Science Education (Good Luck with That!)
President Obama announced that he wants to see companies and organizations across the country step up to improve our nation's math and science scores. Critics of the program say he needs to do more to change curricula and teaching methods,...
Megan McArdle on Health Care, Debt and Obama
Megan McArdle of Atlantic Business debates The New Republic's Noam Scheiber on Bloggingheads....
Video
Larry Summers on the Global Economy
White House economic adviser Larry Summers on why open markets, global integration remain key to global prosperity....
Video
Eric Schmidt on the Future of the Internet
Google's CEO speaks to the Atlantic's James Fallows at the First Draft of History about how the Internet will continue to change our lives in wild and unexpected ways....
Video
Is Obama Anti-Business?
Austan Goolsbee defends the president's policies at the Aspen Ideas Festival.
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