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...general, the projection for late 2010 and 2011, when much of the stimulus spending will have run out, is that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on average, economists expect the economy to expand 2.7% in the fourth quarter of 2010. That's faster than the economy is growing today, but not what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

...open at the mention of a bottle of wine, more bearable. The persistently fast-paced songs, littered with disco beats and captivating choruses, continue until “I See You.” While a respite from the relentless pace of the first half of the album, this slower track proves to be trite and unoriginal. Its cloyingly romantic lyrics verge dangerously towards the cliché: “you mean the world to me but you’ll never know.” Mika’s ability to craft a slow song that does not rely...

Author: By Jenya O. Godina, CONTRIBUTING WRITER | Title: Mika | 9/25/2009 | See Source »

...songs show that the band’s most enduring musical gifts are best suited to positive, not depressive, material. Pearl Jam have finally achieved a kind of comfortable maturity, most evident in the album’s pace. “Backspacer” has several of the slower, contemplative songs that have often been the best showcase for the band’s musicianship and Vedder’s vocals. In the past, the ballads were let down by overbearing, even clumsy lyrics; now, the lyrics are simpler but also more poignant...

Author: By Keshava D. Guha, CRIMSON STAFF WRITER | Title: Pearl Jam | 9/25/2009 | See Source »

...Color” comes to the all out sonic violence of their eponymous debut. After that, however, there is a sudden and even forced change of pace. The final tracks, “We Are Water” and “In Violet,” are slower, dirgelike experiments with softness. Both unfortunately fall flat because HEALTH appear completely incapable of coming up with melodic beauty, even of a disturbing kind. Instead, the album peters out—anticlimax rather than conclusion. There is much to like and admire about HEALTH. They have ambition, musical skill, fabulous drumming...

Author: By Keshava D. Guha, CRIMSON STAFF WRITER | Title: HEALTH | 9/18/2009 | See Source »

...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 much slower too? Will double-digit unemployment persist even after we emerge from this recession? Has the idea of full employment rather suddenly become antiquated? Is there something fundamentally broken in the heart of our economy? And if so, how can we fix it? See which businesses are bucking the recession...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

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