Tag Archive for Economic Recovery

Jobs Report Makes Federal Reserve More Likely to Act – NYTimes.com

WASHINGTON — The odds surely increased Friday that the Federal Reserve will ride again to the rescue of the faltering economic recovery, making borrowing a little cheaper for a little longer, as it has done repeatedly over the last four years. But the government’s announcement that employers added only 69,000 workers in May also highlights…

As If Nothing Matters

     The world gave the appearance of doing nothing and going nowhere over the past month – apart from the sensational liaison of Kim Kardashian and Kanye West, which, some believe, augurs a dazzling speed-up of the much prayed-for economic recovery, return to full employment, $2.50 gasoline by summer, and the selection of Jesus Christ as VP running mate by Mitt Romney – but, in fact, so much trouble is roiling under the surface…