Word: usefullness
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So it comes as one of the biggest surprises in the emerging Bush II era that Colin Powell, the man many thought would walk into the presidency himself a few years ago, is leaving such shallow footprints. By the cruel calculus of Washington, you are only as powerful as people...
It was hard to find a silver lining to the events and revelations that engulfed young Almonte last week--unless it's useful to have another cautionary parable on the books. "Clearly, adults have used Danny Almonte in a most contemptible and despicable way," said Stephen D. Keener, CEO and...
Your feature on America's Best in Science and Medicine was about as useful to me as the endless credits at the end of movies and TV shows. I care as much about the efforts of those working in genomics and biology as I do about key grips and transportation...
So even if Friday?s number is moderately useful in predicting consumer behavior, how does it do for diagnosing the condition of the economy? Depends on how you use it.
See, as a measure of the economy?s state going forward - recession-watch-wise - it?s pretty lousy. Unemployment is a classic lagging economic indicator; it tells us a little about happened in the economy in August - employers cut payrolls, mostly in manufacturing - and maybe a little more about what...