Archive for August 2010
A tale of two recessions?
David Leonhardt’s article in today’s New York Times paints a picture of diverging fortunes in our “Great Recession”: some groups (a minority) are doing very badly, while the majority remain employed and are in fact benefiting from gains in purchasing power. He notes that, to a greater extent than in previous downturns, those made unemployed have remained jobless for longer: “Almost 45 percent of […]
Charlie Rangel shouldn’t resign (at least not yet)
New York representative Charlie Rangel spoke with emotion and at length on the floor of the House yesterday, giving what some describe as a “trainwreck” of a speech. Rangel faces accusations of corruption: for violating congressional rules for soliciting donations for a City College of New York named after him; using a rent-stabilized apartment for […]
Steven Slater, folk hero for our times
Steven Slater appears to have captured the imaginations of many Americans. Slater is the Jet Blue flight attendant who quit his job in dramatic fashion. As his plane had arrived but was not yet ready to de-board at JFK, a passenger got up early to grab her bag from the overhead compartment. Slater told her […]
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