And In the Blue Corner...
March 07, 2011
The insanity of this political moment is difficult to fathom. Even if the latest employment figures underestimate job creation, as many experts expect, we're still in the middle of a slow, tentative economic recovery. At this pace, it will be two or three years, at best, before employment returns to what it was before the recession. Meanwhile, low tax revenues are forcing state and local governments to cut spending, throwing public workers out of work (and onto the unemployment line) while reducing all kinds of public services. Oh, and gas prices are rising.