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With the country perched on the edge of a deep recession, the national unemployment rate above 6% and nine straight months of a national net decline in jobs, the question is whether the U.S. labor market's fortunes are about to plunge even more steeply. In the eyes of many experts, the answer is a bleak one. "Unfortunately, the worst is to come," says Robert Reich, a former U.S. Secretary of Labor under President Bill Clinton and a professor at the University of California, Berkeley. Reich argues that consumers have only begun to tighten their purse strings, which will shrink...
Former University President Lawrence H. Summers was the focus of a luncheon event at Harvard Hillel yesterday, giving attendees a chance to question the former U.S. Treasury Secretary about hot-button economic issues in advance of today’s national elections. Summers, who currently serves as an advisor to Democratic presidential nominee Barack Obama, made no secret of his allegiances when asked to offer his opinions on the platforms of the two major party candidates. “I can only answer that question with no pretense of objectivity,” Summers said at one point, drawing laughter...
Heffner will be serving as lead anchor and a neutral interviewer, and Kolic will be at his side, providing commentary and conducting the occasional question-and-answer session, Heffner said...
...within one or two points - based on internal party polling in Iowa. But J. Ann Selzer, a leading local pollster whose company Selzer & Co.Inc of Des Moines, does the Register's poll, is skeptical. "I say show me the numbers. It sounds impossible to me," says Selzer. "I would question who are they counting as a likely voter, whether they are weighting by party ID and those weights might be outweighed. There just isn't a scenario that makes it look like this is very close." (See pictures of John McCain's final push on the campaign trail...
...itself," said Hawaii Democratic Representative Neil Abercrombie, a family friend. "She passed away confident that he would succeed ... His strength, his calm demeanor that characterized him in these last weeks and last days - this quiet strength that come across so clearly - that comes from his grandmother; there's no question about that. It's her great legacy...