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...What made Summers' frank comment important is that it suggests this just-add-gas relationship may now be malfunctioning. The American economy has been shedding jobs much, much faster than Okun's law predicts. According to that rough rule, we should be at about 8.5% unemployment today, not slipping toward 10%. Something new and 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...

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

...Vilsack reminded reporters. "Swine flu has been present in the United States for 80 years," he said. "But H1N1 is different. It's a novel flu strain. Its genetic makeup is unique. The virus is connected to strains from three species - avian, human and swine. Unfortunately, the media gravitated toward the swine aspect of it. But that's unfair and it's not right...

Author: /time Magazine | Title: Pork Gets a Swine Flu Bailout | 9/11/2009 | See Source »

Meanwhile, a 61-year-old retired Yale employee armed with a gun and ammunition, believed to be targeting Yale's HR building, was spotted and arrested on the same block. “We presume that he was headed toward a University building because it’s all University buildings around there,” University Vice President and Secretary Linda Lorimer told the Yale Daily News...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 9/11/2009 | See Source »

...three weeks, beginning January 5 and running until January 22. While students from the College and other schools in the University may enroll in the Extension School’s January courses, students will be responsible for paying their own tuition, and any credits they earn will not count toward their degree. According to Extension School spokeswoman Linda A. Cross, instructors were allowed to submit proposals for courses they would be interested in teaching, and the school selected courses that could be offered in an intensive format. “Courses that involve research papers and projects, for example, wouldn?...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Extension School To Offer January Classes | 9/11/2009 | See Source »

...early returns look good. On the morning after Barack Obama's dramatic bid to push the most ambitious undertaking of his presidency toward a goal line that is in sight and yet still out of reach, the instant polls suggested he had indeed made some headway. In a national survey by CNN, 2 out of 3 of those watching said they might favor his health-care proposal, which was a 14-point jump from before the President gave the address on Sept. 9 to a packed House chamber. But as Bill Clinton - or his wife, the Secretary of State...

Author: /time Magazine | Title: Obama's Health-Care Challenge: Keeping the Focus on the Larger Goals | 9/10/2009 | See Source »

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