eCAHNomics

Why did you support Obama’s economic team in December 2008, and what has caused you to change your mind?

As promised in Sunday’s (April 11) Book Salon, with Prof. Arnold M. Ludwig’s King of the Mountain—The Nature of Political Leadership, here is the ranking of U.S. presidents on Ludwig’s Political Greatness Scale (PGS).

Why is the Federal Reserve being granted more regulatory authority when they failed miserably in their regulatory role?

A reasonable chance for sluggish growth in 2010, but economy is on a knife’s edge.

The Secular Coalition for America (SCA) is an organization whose mission is lobbying the U.S. government on issues involving separation of church and state and for the inclusion of nonbelievers into the public discourse.

Sibel Edmonds, the (formerly) most muzzled person in the U.S., reveals much corruption in high places in interview with Philip Giraldi.

The February employment data continued the labor market disaster. The headline unemployment rate jumped to 8.1%, from 7.6% the month before and the highest rate since December 1983, over 25 years ago. Payrolls plunged 651,000, and the prior two months were revised downward. Job losses during 2008 were 3.0 million, the largest for any year in the post-WWII period. But by shifting the period by just two months, to February 2009 versus February 2008, employment plummeted 4.4 million.

The January employment data continued the labor market disaster. The headline unemployment rate jumped to 7.6%, from 7.2% the month before, the highest rate since mid-1992, and higher than when Clinton took office (7.3%). Payrolls plunged 598,000, and the prior two months were revised downward. Job losses during 2008 are now reported at 3.0 million, worse than the 2.6 million reported just a month ago, already the largest for any year since World War II.

The December employment data continued the labor market disaster. The headline unemployment rate jumped to 7.2%, from 6.8% the month before and the highest rate since early 1993. Payrolls plunged 524,000, and the prior two months were revised downward, with November now showing a loss of 423,000 jobs and October down 403,000. 2008′s 2.6 million job loss was the largest for any year since World War II.

An introduction on government data on employment and unemployment, intended as a reference document