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Behind the Curve
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Krugman has some legitimate concerns. Noting that 600,000 jobs were lost in February, 2007, which would mean several million jobs lost, anywhere from 5 to 7 million jobs lost in 2009. In the face of this generating 3.5 million jobs by the end of 2010 as Obama plans to do, looks like not having done enough, and letting the worst effects of the downturn go on. And the lack of a plan to resolve the situation of failing banks, which are only drawing more of the government's capital, leaves continued weakness in credit markets and the economy that will hurt the unemployment picture through 2009. So in spite of all the rhetoric and good intentions, the lack of experience in dealing with a crisis of this magnitude, political deadlock, and an element of trial and error, learning and observing, as the President and his advisors deal with the evolving crisis, leaves the American economy exposed to many risks.
U.S. president Obama and handling of the 2008 global financial crisis
02/15/2009
Grouped Articles
New York Times 02/15/2009
New York Times 02/15/2009
In Gingrich Mold, a New Voice for Solid Resistance in G.O.P.
New York Times 02/15/2009
New York Times 03/01/2009
Obama Calls His Budget Needed Change
New York Times 03/01/2009
Tomorrow's Recession Recovery Is Today's History Lesson
Wall Street Journal 03/03/2009
Unemployment and partime unemployment in the U.S. economy 2008 and beyond.
04/18/2008
How unemployment is shaping up and how the underutilization rate and partime employment is changing the picture of employment in the USA.
Grouped Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Workers Get Fewer Hours, Deepening the Downturn
New York Times 04/18/2008
Many Hispanics Are Hit Hard by Economic Slump
New York Times 05/13/2008
A Hidden Toll on Employment: Cut to Part Time
New York Times 07/31/2008
Retail Losses Sap a Jobs Safety Net
Wall Street Journal 11/11/2008
Labor Data Show Pain Across Economy
Wall Street Journal 11/08/2008
The April 2009 G-20 Docklands, London Summit and the constructive confrontation between American and European positions.
02/15/2009
The positions of both sides. The Europeans credibly calling for global regulations as non-negotiable, and the US credibly calling for larger stimulus spending now when it would have the greatest impact. And the tough negotiations ahead.
Grouped Articles
Fixing a Perception Gap for the Underappreciated G-20
Wall Street Journal 08/27/2013
On a Scale of 1-10, G-20 Scores a 7
New York Times 04/03/2009
New York Times 04/05/2009
The Lines a German Won’t Cross
New York Times 04/05/2009
Big Ideas, Grand Plans, Modest Budgets
New York Times 02/15/2009
What the Chinese Want from Obama
New York Times 02/20/2009
Voices of caution about the economic recovery in the U.S. as underlying problems remain.
04/20/2008
Underlying problems in foreclosure rates, job losses, and toxic assets at banks remain unresolved, even as the stimulus spending plans and the Fed's putting money into the economy fast have helped restore some degree of confidence.
Grouped Articles
New York Times 10/10/2010
The Wage That Meant Middle Class
New York Times 04/20/2008
A Trap in Obama’s Spending Plan
New York Times 12/21/2008
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
New York Times 02/13/2009
New York Times 03/06/2009
The shift to part-time workers, lower incomes and the U.S. unemployment rate- 2008 -2014
03/08/2008
Grouped Articles
Wall Street Journal 09/14/2011
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Wall Street Journal 08/12/2013
Wall Street Journal 09/17/2010
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
Rising Unemployment in the U.S. in 2009.
01/31/2009
The number of people on unemployment benefits hit 5.56 million on March 14, according to the Labor Department, with 662,000 new claims filed since then.
Grouped Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Wall Street Journal 02/01/2009
Months After Plant Closed, Many Still Struggling
New York Times 02/10/2009
Ex-G.M. Workers Try to Reboot Their Lives
New York Times 02/13/2009
Dead End in Detroit for White-Collar Workers
New York Times 02/17/2009
Wall Street Journal 02/25/2009
Unemployment in Europe, Japan and the USA. Stimulus measures in the U.S. and safety nets in Japan and Europe: 2008-2010
01/05/2007
How safety nets in Japan and Europe do what the stimulus helps to do in the USA. Coping with high unemployment.
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
New York Times 10/10/2010
New York Times 10/30/2014
The new GM and the problems it will continue to face.
02/13/2006
GM faces intense competition in a shrinking market. And building appeal to younger demographics customers is critical to GM.
Grouped Articles
Some G.M. Retirees Are in a Health Care Squeeze
New York Times 11/10/2008
Detroit Auto Makers Need More Than a Bailout
Wall Street Journal 11/10/2008
Wall Street Journal 11/10/2008
Skeptics Present Another Obstacle for GM
Wall Street Journal 11/12/2008
Wall Street Journal 11/12/2008
Auto-Industry Crisis Tests Obama
Wall Street Journal 11/08/2008
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