Word: businessese
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What made Summers' frank comment important is that it suggests this just-add-gas relationship may now be malfunctioning. The American economy has been shedding jobs much, much faster than Okun's law predicts. According to that rough rule, we should be at about 8.5% unemployment today, not slipping toward...
The alternative would involve reshaping what it means to work in America. Such a plan would start by changing what it means to be jobless. To begin with, this would require a massive increase in job retraining, one that assured that every laid-off worker had a chance to learn...
The individual businesses he's zeroing in on may be small, but Tasch is thinking big: "We're setting out to build an organization of one million Americans to invest in food systems around the U.S." He envisions "catalyzing investments of $25 million a year or more as a first...
According to a new TIME poll, more than 6 in 10 Americans have bought organic products since January. Lots of us have bought an energy-efficient lightbulb too. And it's not just the nature of the product but also its provenance that's prompting us to buy. Of the...
Jackson built a broad program to push city contracts to black-owned businesses. But the current crop of candidates - black and white - put balancing the city's books and stemming rising crime at the top of their agenda. "Atlanta is broke and broken," says Borders spokeswoman Liz Flowers. "This is...