In case you missed it this morning the unemployment numbers fro December were extremely disappointing. They showed the sharpest drop for a very long time and brought 2008 to a close as the worst year since 1945 – a year that America was readjusting to peace with millions of recently de-mobbed soldiers flooding the employment […]

Just for fun, and to ruin your weekend, here’s Nouriel Roubini’s forecast for 2009, hot from the presses at MarketWatch: Roubini forecasts recession will last 2 years – MarketWatch Why take notice of Roubini? Well: he was one of the few who forecast the current mess. Sure he grandstands and is trying to make a […]

The comments are beginning to pile up. It seems that an increasing number of commentators are agreeing that the economic stimulus plan being proposed by the incoming Obama administration is nowhere near large enough, and in some cases ineffective. Here’s one such comment from John Judis in The New Republic: Not Doing Enough Let me […]