LA Progressive: November 15 to 21, 2009

This week’s articles.

How Obama Can Convince Congress to Enact a Larger Stimulus, and Why He Must

jobs-underwater

The 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.

Putting a Smiley Face on the Job Picture Can’t Evade the Growing Tragedy

unemployment

Michael T. Darda, chief economist at the research and trading firm MKM Partners, probably summed up last week’s message from Washington best, telling the New York Times, “Less bad is always a prelude to good.” The things one learns. We are being asked to believe that the results of the “stress tests” were “not as […]

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