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Though it has been painful for him, Whitfield's lost job should have had little effect beyond his immediate family. One lost job is a microscopic event in the massive organism of the U.S. economy. In good times, America sheds 2.5 million jobs a month but creates nearly 3 million new ones. Rolling unemployment allows businesses to adjust to demand, improving efficiency and fueling growth. A healthy economy compensates job losers by creating new jobs for them. America's economic athleticism has been the envy of other countries, a key to its success...
...It’s a little bit too early to talk in any confident way about goals,” Jaeger said in an interview earlier this month. “We hope for a good agreement that really meets the needs of members of the union. It’s more important to have a good contract than an early or fast contract...
...Medvedev, however, welcomed Obama’s plan, calling it “responsible.” On that note, we are pleased that the new plan will improve relations between Moscow and Washington, especially leading up to talks on nuclear-missile reductions scheduled to take place later this month. The White House, however, was quick to point out that the plan does not represent a concession to the Russians, but a reassessment of military needs in the region. We applaud this assessment of military needs and efficiency and hope it is carried out in future military plans...
...kind of centrist bill that Baucus has been pushing. But Dems will probably stick with a centrist bill because no one builds majorities from the extreme left or right, and the holy grail(s) are those independent voters who sit smack in the middle. A CNN poll earlier this month found that for the first time, a majority of independents, 53%, disapproved of Obama's handling of health care - a 13-point drop since March. (See TIME's health and medicine covers...
...Republicans need to avoid the perception of being the Party of No, and it's not clear that they are succeeding. A Bloomberg survey this month found that a majority of people were disapproving of the Republican scare tactics that were used over the summer: 63% said death panels weren't legit, 59% said they didn't believe health care would be rationed, and 52% said they didn't believe the oft-repeated GOP line that the Dems are putting the nation on a path to socialized medicine. And a Sept. 11-13 USA Today/Gallup poll found that 60% believe...