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10.23.2009 9:00 pm

The new “new normal” is old social Darwinism

R.J. Matson/Post-Dispatch

R.J. Matson/Post-Dispatch

Back in January, we suggested that President Barack Obama should call for a “New Normal” in America, one in which shared civic responsibility comes ahead of personal aggrandizement. Lately, we’ve found our phrase has been kidnapped.

  • “[M]any U.S. jobs lost during…
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10.16.2009 9:00 pm

The high price of a 10,000-point Dow

Celebratory caps were the rage on the Street.

Celebratory caps were the rage on the Street.

As an economic indicator, the Dow Jones industrial average always is problematic, but never more so than last Wednesday, when it closed above what analysts call the “psychologically important” 10,000-point mark for the first…

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08.21.2009 9:00 pm

Crabgrass amid the green shoots

Green shoots?

Green shoots?

The Great Recession of 2007-2009 is over. So says the International Monetary Fund, the Conference Board and a host of private economic forecasters. President Barack Obama and Treasury Secretary Tim Geithner aren’t prepared to go that far, but they do…

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01.30.2009 9:00 pm

Stimulus bill stimulates change

The House of Representatives on Wednesday approved an $819 billion economic stimulus plan that contains the most sweeping expansion of Medicaid in more than a decade.

For the first time, millions of unemployed Americans and their families would become eligible —…

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