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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 10%. Something new and possibly strange seems to be happening in this recession. Something unpredicted by the experts. "I don't think," Summers told the Peterson Institute crowd - deviating again from his text - "that anyone fully understands this phenomenon." And that raises some worrying questions. Will creating jobs be that...
Hershey spokesman Kirk Saville declined to comment, saying Hershey doesn't make statements on merger-and-acquisition issues...
...just as the president was chastising Republicans for their venomous partisanship throughout the health-care debate. At the urging of the Republican leadership, though much to the regret of Rush Limbaugh, Wilson apologized to the president almost immediately following the comment. But the damage had been done. For any centrist or fence-sitter watching at home, Wilson’s outburst confirmed that Republicans have nothing else in mind than to kill the health-care bill for purely political reasons. His comment galvanized fiscally conservative Democrats to support the president’s bill and heightened the sense of despondency...
...amazing to me that one comment out of left field could have such a strong impact on the health-care debate? Because reforming health care is an extremely complex process that involves vast sums of money and influence peddled by huge industries and massive institutions. It seems unlikely or perhaps incorrect that a marginal individual like Wilson could have such a significant impact on the process. But this is the lesson that the Joe Wilson incident teaches us. The outcome of this plan turns on the actions of just a few individuals. Wilson may never be more than a footnote...
...Museum spokesman Daron Manoogian says that beyond vaults or deadlocks, stored pieces are protected by other security systems as well, though he declined to name them, citing a policy not to comment on specific security measures. “A critical aspect of maintaining proper security for any museum is to keep all such measures strictly confidential,” he said in a statement...