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more about #economics more comments → Mediahohoho: There's no way we would have won WWII if these clowns were in charge. more » Helio: Virginia never ceases to disappointment me. Cantor is obviously vying for a seat at the GOP grown ups table. Someone seriously needs to retire the "NO... more » Atilla the Bun: Yes, if there is anything unemployed people are concerned about, it is the government taxing their non-existent income. more » Miss Anita Manbadly: Le Sigh. Bonjour Tristesse. One is so tired of this no tax increase nonsense when it's obviously aimed at relieving the country's top earners of the... more » econdave: Remember this the next time you hear a Republican complain about the budget deficit under Obama. These guys are completely morally bankrupt. more » Swifter: Giving money to the government is the equivalent of flushing it down the toilet, so I sympathize with his views. more » hilikusopus: Anybody see the rerun of This American Life last night, the one with the independent candidate who ran against Cantor on a platform of extreme honesty... more » Peter Feld: Here is the problem with this post, and the whole line of thinking. Yes, "fundamentals of the economy" "cost" McCain the election, in the sense that p... more » SometimesADusek: Ya'll; I cannot believe that video shot in my hometown of Bumblefart, CO (Grand Junction a.k.a. Sand Dumption a.k.a. Bland Malfunction a.k.a. "The G... more » momof3wildkids: This could be Obama's "Mission Accomplished" moment -- pretty risky given the employment numbers more » The Real JR: Huge stretch, baby. more » flossy: GAH. The Presidential campaign. Is. Over. This nitpicky, zomg did he just make a gaffe?! style reporting was grating even then. Now it's doubly obn... more » Unsolicited Advice: Like I thought when McCain said it - he's right. The job of the President is to be our chief advocate, to point America forward along its path. Our ... more » i'm a bottle: I'd like to see how McCain would have handled the economic crisis. We would have probably invaded Iran. more » i'm a bottle: Well, the right will probably pick Obama apart for saying it, but let's also keep in mind that McCain said the economy's healthy a week before the sto... more » -
#printisdead
Nearly 90,000 Print Jobs Have Been Lost in the Last Year
The good news: Unemployment dropped slightly last month, to 10%. The bad news: 4,200 print publishing workers were laid off just in November and 86,800 have lost their jobs in the past 12 months. More » -
#sigh
Today in Serious Policy Proposals
Republican Minority Whip Eric Cantor's economic plan calls for no tax increases of any kind until unemployment falls below 5%, at which point he does not support any tax increases. -
#gaffes
Obama: Fundamentals of the Economy Are Still Strong
During the presidential campaign, John McCain stupidly announced that "the fundamentals of the economy are still strong," a statement that Barack Obama hung around his neck like a flaming car tire. Today, Obama hailed the economy's "core strengths." Whoops. More » -
#thegreatrecession
The official unemployment rate is now 10.2%, higher than analysts expected, according to Bloomberg.
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#dismalscientists
Nouriel Roubini Still Partying with Hot Chicks While the World Ends
Some genius once dubbed New York University economist Nouriel Roubini "the Joe Francis of Pessimism Porn," and yesterday's one-two punch of a Eurotrashy post-Halloween loft party with Oliver Stone and a doomsaying op-ed in the Financial Times proves the point. More » -
#recessionomics
America Scared to Tell Wife It's Unemployed, Just Sits in Park All Day
The Way We Live Now: In secret shame. We walk around in public acting like the recession is finally over. But look in your dirty closet, America! Our fanciest corporations are undercover paupers. Our homeless are disappearing. Into the void!
More »
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#conventionalwisdom
Freakonomics Has Always Been Dumb
Everyone is all mad at Steven Levitt and Stephen Dubner for including a hilariously wrong chapter on climate change in the sequel to their famous book Freakonomics, but some of us have been on the hating-those-dudes train forever.
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#recessionomics
Beat Me, Cheat Me, Slay Me, Pay Me
The Way We Live Now: Counterintuitively. The recession is discombobulating your normal expectations. Prices for worthless schools go up. Lawyers turn to pimps. Everybody wants to be abused. Dildos are not what they seem! More » -
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#mediacrack
Was Gourmet's Death the Magazine Bottom?
In your finally Friday media column: a sunny theory about Conde Nast, Katie Couric's words of wisdom, George Will learns exactly where to go, and the AP's crazy scheme, for money. More » -
#2012
Sarah Palin Was Either "Articulate" and "Compelling" or "Humourless" and "Bush-like"
Sarah Palin gave a speech in Hong Kong. Despite what you may read in "news" "articles," the content of the speech was unimportant. No one thinks she knows anything about economics or China. What matters is how it played! More » -
#recessionomics
You Don't Know Anything About Money, Which Is Why We Have Experts, Thank God
The Way We Live Now: Wrong. It's funny how dumb people are some times when it comes to economics. They spend all their money. Then they're broke. Then they save all their money. Wrong move! I'm looking at you, Japan. More » -
#science
The Secret, Sad Benefits of Global Warming...
Stop griping about global warming. Sure, it's melting our ice caps, but that means that ships can steer a more direct route through the Arctic, as two German vessels are doing. Economic Darwinism at work, people. Yay! [NY Times] -
#gigs
Let's All Hire Sarah Palin to Speak to Us!
We will need probably a zillion dollars or so to book her, but Sarah Palin is at least finally accepting speaking engagements! Just like Tom Friedman and other people who are very expensive and always wrong. First up: Hong Kong! More » -
#economics
Stimulus Outrage: Money For Poor Kids
As we learned during the Bush administration, the only legitimate role the federal government can play in stimulating the economy is sending everyone in America a check. That's always fiscally responsible, too. So why do Democrats hate simple economics? More » -
#genderwar
Our Favorite New Word: Mancession
The New York Times' Economix blog has found yet another upside to the recession: It's only happening to men. More » -
#comebacks
AIG Is Making Money Again
Is that good or bad? We just don't know anymore in this topsy-turvy world of bailouts and bonuses and government ownership of corporate monsters. But whatever—AIG pulled in a cool $1.8 billion last quarter. More » -
#economics
Hooray! Unemployment Is Down, Because We've Decided to Count Fewer Unemployed People.
The unemployment rate unexpectedly dropped last month from 9.5% to 9.4%, which everyone seems to be happy about. Which seems odd, since the percentage of adults without jobs actually went up. More » -
#economics
On The Daily Show last week, John Oliver explored the difficulty Treasury Secretary Tim Geithner is having selling his house. It was funny! But was it true? Geithner or his broker might have been lying a little bit! [UPDATE: Corrected.] More »Someone'sNo One's Lying About the Price of Tim Geithner's House -
#recessionomics
A leading energy economist says that worldwide oil supplies are rapidly running out.
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#theories
Malcolm Gladwell On Why the Economy Collapsed: 'Cocksure' Bankers
In the new issue of the New Yorker, Malcolm Gladwell delves into what really caused the collapse of Wall Street. His conclusion: It had more to do with cocky banker egos than it did institutional failure or general dumbassery. More »
