Tag: Great Recession
The Wrong Way to Do Politics at the Office
In a 2005 episode of The Office, Michael Scott, the office manager, requires his employees to choose an upside-down index card from a tray and place it on their forehead. The cards bear a racial or ethnic label—Black, Jewish, Italian, and so on—and Michael tells the employees to treat one another according to the label listed on the card and to “stir the melting pot” by playing to racial stereotypes. The scene, which ends with Michael getting
There May Be a Blunt-Force Fix for Inflation
This is an edition of Up for Debate, a newsletter by Conor Friedersdorf. On Wednesdays, he rounds up timely conversations and solicits reader responses to one thought-provoking question. Later, he publishes some thoughtful replies. Sign up for the newsletter here.
Question of the Week
Pick your poison: high inflation or a recession. Which would you prefer and why?
Send responses to [email protected] or reply to this email.
Conversations of Note
What if the Fed raised interest rates by 2 percentage
How Public Health Failed America
Even though Anthony Fauci, the White House’s chief medical adviser, backed off his statement that the United States is “out of the pandemic phase,” elected officials and much of the public seem to think that he had it right the first time. But if the end of the COVID-19 emergency is at hand, the United States is reaching it with lower vaccination and higher per-capita death rates than other wealthy nations. The conventional wisdom is that the American political
What Happened to Jon Stewart?
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In March 2021, shortly after Jon Stewart joined Twitter, he tapped the microphone and used his new pulpit to make amends for an infamous act of aggression from his distant past.
“I called Tucker Carlson a dick on National television,” Stewart tweeted. “It’s high time
Why So Many COVID Predictions Were Wrong
Updated at 12:13 p.m. ET on April 7, 2022.
As many prominent policy makers reckon uncomfortably with persistent inflation after months of forecasting that the phenomenon would be transitory, I’ve started making a list of other pandemic predictions about the economy that never materialized. There was the eviction tsunami and the “she-cession” and the housing-market crash, and you can’t forget the state- and local-government deficit explosion. In each case, expectations set by economists, policy makers, advocates, and businesses have