Stimulus, Economic
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Public
News, ideas, metrics, comments, input, information, incantations, and other references to efforts to stimulate the American (and world) economy (i.e., CREATE JOBS).
Recent Activity
Items
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Wary Employers Keep Jobless Numbers High : NPRA 10.2 percent unemployment rate is like a gut punch. It's just such a big number, a level of joblessness we haven't experienced here in the U.S. since the early '80s. This, even as the economy is actually growing again. But many employers just aren't ready to start hiring yet.
Geoffrey Ames
added
6 hours ago
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How Obama Can Convince Congress to Enact a Larger Stimulus, and Why He MustThe Administration's biggest economic mistake so far was to badly underestimate last January how bad the employment situation would become by Fall. As a result, it low-balled the stimulus -- settling for a plan that, while avoiding even worse job losses, didn't go nearly far enough. Obama has ...
Giorgio Bertini
added
19 hours ago
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Mishel on double-digit unemploymentAfter rising for more than two-and-a-half years, the country’s unemployment rate crossed into double-digit territory in October with a jobless rate of 10.2%. This provides another sign of the severity of the current downturn, the very long road we face back to full employment and the urgent need ...
Giorgio Bertini
added
19 hours ago
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At 10.2%, October’s unemployment is a wake-up callThough the American Recovery and Reinvestment Act (ARRA) now has GDP growing again, this morning’s Bureau of Labor Statistics’ October employment report found that the jobs situation nevertheless continues to worsen. Unemployment rose dramatically to 10.2% in October, the highest rate since ...
Giorgio Bertini
added
20 hours ago
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Let A Hundred Theories Bloom - Joseph Stiglitz et alThe economic and financial crisis has been a telling moment for the economics profession, for it has put many long-standing ideas to the test. If science is defined by its ability to forecast the future, the failure of much of the economics profession to see the crisis coming should be a cause ...
Giorgio Bertini
added
20 hours ago
Comments
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4Stress, Control, and the Deprofessionalizing of Teaching - Education WeekThis squares with my experience from working on a production line to working as I do now - in a fairly autonomous position in a company that has virtually horizontal management. The only stress in my job comes from externalities over which I have no control, such as deadlines for filing various ...Geoffrey Ames added 12 days ago
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4Having a Voice Makes People Happy by Frances Moore LappeI still remember feeling hopeful, reading Fromm, when I studied religion at the university. But these days, I am afraid the very concept of happiness seems outdated. Life is biological imperative. Survival of the species does not require happiness. Power of individuals is largely irrelevant. ...Geoffrey Ames added 2 weeks ago
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4Credit Vise Tightens for Small and Midsize Businesses - NYTimes.comSee my posting on Don't Fail, or Reward Success, about bonuses to Goldman Sachs employees ( http://www.nytimes.com/2009/10/13/business/economy/13sorkin.html) - and tell me how it makes sense that taxpayers have handed billions to the financial sector but the financial sector now has billions for ...Geoffrey Ames added 3 weeks ago
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4Dealbook Column - Don’t Fail, or Reward Success - NYTimes.comSee my posting on Tight Credit for small businesses ( http://www.nytimes.com/2009/10/13/business/smallbusiness/13lending.html?ref=business) - and tell me how it makes sense that taxpayers have handed billions to the financial sector but the financial sector now has billions for bonuses but ...Geoffrey Ames added 3 weeks ago
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4Housekeepers lose Hyatt jobs to outsourcing - The Boston GlobeThat ain't trickle-down you're feeling...Geoffrey Ames added 4 weeks ago
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Started Feb. 20, 2009
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