“The inchoate rage beneath our global cities.” Richard Florida, Financial Times.
“Globalisation has made our great cities incalculably richer but also increasingly divided and unequal. More than youth, ethnicity or even race, London’s riots are about class and the growing divide between the classes.”
“Shaping a new world order.” Andrew Bacevich, Los Angeles Times.
“A new global order is rapidly emerging. In that order, the United States will no doubt remain a very important player. Yet alongside the U.S. will be several others: China preeminently among them, but with Russia, India, Turkey, Japan, South Korea and Brazil also demanding to be reckoned with.”
“We need not just jobs, but jobs that pay.” Barbara Ehrenreich, CNN.
“According to a January report from the National Employment Law Project, 76% of the new jobs generated in 2010 were of the low-paying variety, offering between $9 to $15 an hour.”
“Together We Can Beat the Deficit.” Patty Murray, Max Baucus and John Kerry, Wall Street Journal.
“Washington is mired in gridlock, and pundits and special interests from both sides of the aisle are already heaving boulders at our committee. But this issue is too critical to be examined through the typical ideological lens. And if this committee is going to deliver the results Americans deserve, we are going to need to meet eye-to-eye as people despite outside efforts to divide us as partisans.”
“A Tale of Two Downgrades.” Alan Blinder, Wall Street Journal.
“The downgrade succeeded in panicking the world's stock markets and leaving blood on many financial streets. But many frightened investors moved their money straight into what they still know is the world's safest asset: U.S. Treasurys. Treasury yields fell across the board—not exactly what you expect from a downgrade. In practice, S&P downgraded itself.”