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The so-called underemployment rate, which includes the country's jobless as well as workers who have taken part-time jobs and those who have given up looking for work, is even higher, at about 18%, notes Davidowitz. "We're not adding jobs, we're losing jobs," he says. Davidowitz...
"It is very clear that the New York Fed was preoccupied with looking out for the interests of Wall Street at the expense of Main Street," says California Congressman Darrell Issa, a Republican, who questioned Geithner and others on Wednesday. "Given the circumstances and the fact that they were dealing...
“There will be some senators who are looking forward to their own elections, and think that they have to stampede with the rest of the panicking herd,” Frankel said. “It’s scapegoating.”
As he leaves the camp on Wednesday, dusk is falling and the light from candles flickers on the snow. Looking back at the desolate, snow-covered compound, Israel winces. "We have to remember, always," he says. "But it's never easy."
Looking forward, the Democrats must end the finger-pointing over Coakley’s stunning defeat and focus on adapting to the political realities of the day. To ensure that the reform debate does not wither away with a partisan filibuster, the Democrats must work with the Republicans openly and...