Election season might be over, but that doesn’t mean Comedy Congress is too. From the Petraeus love pentagon to fiscal cliff worries, join Patt Morrison and her guests to laugh at the madness of it all—the truth hurts far less when it’s told by comedians. The comedic material emanating from Washington D.C., and state capitols across the [...]
Carl Bloice: Like the knee bone and the thigh bone, the foreclosure crisis is closely related to the jobs crisis. Last week the Obama administration cautioned the public not to expect any dramatic improvement in the jobless rate, largely because thousands of formerly “discouraged” jobless workers sense the situation is improving and have started back looking for work. As a result, some economists have suggested, the jobless rate may well go beyond the 9.7 percent where it stands now.
Robert Reich: The Great Recession has accelerated a structural shift in the economy that had been slowly building for years. Companies have used the downturn to aggressively trim payrolls, making cuts they’ve been reluctant to make before. Outsourcing abroad has increased dramatically. Companies have discovered that new software and computer technologies have made many workers in Asia and Latin America almost as productive as Americans, and that the Internet allows far more work to be efficiently moved to another country without loss of control.