FROM Daniel Indiviglio
The Paradox of the Dropping Unemployment Rate In February, the economy added 194,000 new jobs, and 216,000 in March . That's good news. The unemployment rate is dropping faster than it should, from 8.9 percent to 8.8. But economists had predicted that it would go up. Daniel Indiviglio writes about the "dismal science" for the Atlantic magazine.
Are Americans Confused About What They Care About? Republicans are preparing for next year's elections by denouncing President Obama as a big spender and demanding cuts in everything but the Pentagon. But despite concerns about big government, recent polls suggest that some key voters would rather pay taxes than lose their benefits. Recent New York Times-CBS News and NBC News-Wall Street Journal polls show contradictory impulses on "big-government" spending, Medicare and Social Security benefits, and the taxes that pay for them. Daniel Indiviglio is Associate Editor at the Atlantic.
Obama Creates New Jobs Panel, Taps GE CEO as Chair Jeffrey Immelt , the CEO of General Electric will succeed Paul Volcker as President Obama's principal economic advisor. The Economic Recovery Advisory Board will be now be called the Council on Jobs and Competitiveness. Daniel Indiviglio is associated editor of The Atlantic magazine.
The flight bumping heard around 'round the world Recent video of a passenger forcibly removed from a United Airlines plane is a worst-case example of what's happened since consolidation into just four US-based carriers. Management seems to be tone-deaf to a decline in service — and even abuse — of passengers.