RSS Feed |
Senior Writer Karen Tumulty has been TIME's National Political Correspondent since 2001, and has also covered the White House and Congress for the magazine. A native of San Antonio, she is a graduate of the University of Texas at Austin and Harvard Business School, where her career choice has significantly lowered the average salary of her graduating class. But she gets lots of free magazines. Read More »
Follow Karen Tumulty on Twitter
Joe Klein is TIME's political columnist and author of six books, most recently Politics Lost. His weekly TIME column, "In the Arena," covers national and international affairs. In 2004 he won the National Headliner Award for best magazine column. Read More »
Michael Scherer is the White House correspondent for TIME. He previously worked for Salon.com, Mother Jones, and the Daily Hampshire Gazette. A native of San Francisco, he graduated from U.C. Santa Cruz and Columbia University's Graduate School of Journalism. Read More » Follow Michael Scherer on Twitter
Jay Newton-Small is the congressional correspondent for TIME. Born in New York, she spent time growing up in Asia, Australia and Europe following her vagabond United Nations parents. A graduate of Tufts University and Columbia’s Graduate School of Journalism, Jay previously covered politics for Bloomberg News. And, yes, despite the misleading name SHE is a she. Read More » Follow Jay Newton-Small on Twitter
Amy Sullivan is a senior editor at TIME magazine, and author of the book The Party Faithful: How and Why Democrats are Closing the God Gap (Scribner, 2008). A Michigan native, she holds degrees from the University of Michigan and Harvard Divinity School. She writes about religion and politics for TIME, but no longer answers to the name "Bible Girl." Read More »
- Obama and Medvedev: Sunshine in the Moscow Drizzle
- Why Sarah Palin Quit: The Five Best Explanations
- Cutting Health-Care Reimbursement Costs by Putting Doctors on a Budget
- Is There Hope for the American Marriage?
- Michael Jackson's Missing Music: More to Come?
- Police Open Fire on Protesters in Honduras
- Do We Need Another Stimulus or Not?
- How Bad Are Auto Sales? 10 Questions and Answers
- HBO's Next (I Hope) Great Drama
- Why Obama's Afghan War Is Different
- Obama Travels to Russia
- Photos: U.S. Marines Open a New Offensive in Afghanistan
- Photos: Inside Michael Jackson's Neverland Ranch
- Violence Erupts During Honduras Protests
- The History of the Bikini
- Photos: India's Contraband Wildlife
- Photos: A Madoff Family Album
- Michael Jackson: The Last Photos
- Public Enemy: The Extremely Brief and Violent Life of John Dillinger
- Photos: Sacha Baron Cohen's Outrageous BrÜno Promotions
- ABC News’ The Note
- Andrew Sullivan
- CBN’s Brody File
- Ezra Klein
- Foreign Policy’s The Cable
- Juan Cole
- Lynn Sweet
- Marc Ambinder
- Matthew Yglesias
- MSNBC’S First Read
- Nate Silver
- NRO’s The Corner
- NYT’s The Caucus
- Politico’s Ben Smith
- Powerline
- Ross Douthat
- Talking Points Memo
- The American Prospect’s Tapped
- TNR’s The Plank
- Tom Ricks
- Washington Monthly’s Political Animal
- WashPost’s 44
- WashPost’s The Fix
- WSJ’s Washington Wire
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
Monday, December 1, 2008 at 1:18 pm
In other breaking news, things dropped fall down, not up.
Monday, December 1, 2008 at 1:29 pm
It feels weird to go from economists saying "I don't know if we're in a recession, LOL" to "OMG we've been in a recession for a year!"
Monday, December 1, 2008 at 1:32 pm
Two recesisions during the Bush Presidency. I wonder how the right wing nut-o's will spin that so that it can all be blamed on: 1. Obama 2. Democrats 3. aliens from space.
I would also like to point out that most American's have already known this for some time. How nice that our "top economists" are finally up to speed.
Monday, December 1, 2008 at 1:32 pm
Not quite spoken:
"OK, now that the election's over, we can tell the truth without getting fired."
Monday, December 1, 2008 at 1:36 pm
The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007.
Dude. That's exactly when my economic patron saint told me to dump my entire stock portfolio. And I didn't listen. He says "I told you so" and that we're in for another six years of this.
I'm off to read Nouriel Roubini with my happy pills.
Monday, December 1, 2008 at 1:47 pm
Of course Saxby Chambliss just said again yesterday that he doesn't think we have been in a recession. Of course he was also caught on tape admitting he didn't know what a recession was and then tried to lie and say thats not what he meant yesterday on foxnews Sunday and then got called out for it by Chris Wallace of all people. But some how I don't think this is news to most leftist libruls.
Monday, December 1, 2008 at 3:43 pm
OMG we've been in a recession for a year!"
The NBER's rule of two consecutive down quarters means that the earliest it can call a recession is about 7 months into it. While this is something the news people trump up, the purposes of these declarations are really research oriented not policy oriented. The Fed is looking at many other indicators of economic activity.
Monday, December 1, 2008 at 4:16 pm
Jay, I think you folks need a new section titled: News of the Obvious
.
I expect the next item on that page (following the "We're in recession" story) will be:
.
Monday, December 1, 2008 at 4:48 pm
BTW, I did chat with head of the NBER, James Poterba, in October.
.
Archive is here.
.
http://inworldstudios.com/vs/
.
It's in ascending chronological order. that interview is third from the bottom.
Monday, December 1, 2008 at 5:08 pm
jayackroyd - I didn't know that, about how recessions are defined. That makes this make more sense, but I still feel like there were a fair amount of people saying "Don't worry about it" or "there's still a chance we'll recover."
Monday, December 1, 2008 at 5:20 pm
A year!
It is said that one can tell the health of the economy by how high the ladies' hemlines are riding.
Now, be a sport, JNS. How about a full pic in the Swampland lineup?
Monday, December 1, 2008 at 5:37 pm
And it is also said that one pic is worth many words.
[And that 'insight' must have come from one of the more than half of Americans - a group populated heavily by the hard-working, very hard-working disciples of Hillary Clinton - who read no literary works ..]
Monday, December 1, 2008 at 5:39 pm
Did we win the Vietnam war yet?
Monday, December 1, 2008 at 6:38 pm
Once Mitt gets in as Auto Czar, this recession will be over, tout de suite.
Monday, December 1, 2008 at 6:54 pm
When George W. Bush was inaugurated on 1/20/2001, the Dow hit 11388.44; today it hit 8149.09.
Monday, December 1, 2008 at 7:23 pm
I think most of the people knew that a year ago and wondered why they kept denying it.