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A daily roundup of the best economic posts on the Web
No light at the end of the tunnel
Paul Krugman says the United States used to be the country that dazzled the world with visionary public-works projects. But Thursday's decision by New Jersey to kill a new rail project into Manhattan is, he says, further proof that America has lost its way, both politically and economically.
My recession wasn't like your recession
The Economist takes a detailed look at the pattern of unemployment across the OECD and discovers that some countries were better at preserving jobs during the recession than others.
Economists on U.S. job numbers
The Wall Street Journal with a roundup of economists' comments following another weak employment report out of Washington. NPR's Planet Money has a breakdown of the industries that have been hit the hardest by the 8 million U.S. jobs that have disappeared since the recession began in December, 2007. The Journal also notes the spike in involuntary part-time work in the U.S. last month, which takes some of the wind out of the sails of policymakers who feel the country's jobless numbers are being aggravated by a structural mismatch of skills.