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95,000 Jobs Lost in September: How Many Is That, Really?
By Carl Franzen - AOL News
(Oct. 8) -- For the past two years, talk about the economy has basically come to center around one critical indicator: job creation. Specifically, the fact that in this post-recession, achingly slow recovery period, new hiring hasn't been anywhere close to the rate required to get us back to pre-recession levels anytime soon. This morning's news that the economy shed some 95,000 non-farm jobs is not that surprising, but it's also not very reassuring either. As the Bureau of Labor Statistics points out, the losses are mostly due to cuts in government jobs or the end of temporary government ...
As Federal Debt Spirals, States May Not Be Able to Count on U.S. Help
By Lou Cannon - Politics DailyWhen he was faced with conflicting fiscal assessments, Ronald Reagan often quipped that if all the economists were laid end to end they wouldn't reach a conclusion. Nor was he the first president to question such equivocation. Harry Truman supposedly asked aides to provide him with a one-armed economist "because economists are always saying, 'On the one hand, on the other. . .' " The Truman story is likely apocryphal, but it reflected a frustration of the time of chief executives -- namely that economists tended to hedge their bets. No longer. Today, economists are offering President Barack ...
No Joke: State Government as a Laughingstock
By Walter Shapiro - Politics DailySo you think your life is tough just because Bernie Madoff handled your investments, a taped version of your sex life is hurtling around the Internet and the FBI has established a command post in your driveway. Buck up -- things could be a lot worse. Imagine if you were a high-school civics teacher and (here comes the horrifying specter) the curriculum required you to teach a unit about the glories of state government.RELATED: Paterson Tanks, Cuomo Soars Amid NY Chaos ...
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