3 posts and columns on Joint Economic Committee

Newspapers to Congress: Please Don’t Give Us a Bailout

in Media on September 24, 2009 at 7:59 am PT

The newspaper bailout proposal you may have heard about over the last few months? The newspapers want no part of it, says an industry spokesman. That said, the industry wouldn’t turn down some help from Congress, says John Sturm, CEO of the Newspaper Association of America. He is testifying before a joint committee this morning.
newspaperless

April’s Job Loss Report Less of a Train Wreck Than March’s

in News on May 6, 2009 at 7:11 am PT

The number of job cuts made during April was the lowest since October. That’s the latest from outplacement services provider Challenger, Gray & Christmas, which said today that “planned workforce reductions” in April were 132,590–12 percent fewer than the more than 150,000 recorded in March. Great news, right? Until you realize that the “planned reductions” to which the company refers were up 47 percent from a year earlier and are still at recession levels.
freecoffeefortheunemployed

You've Found a Golden Runic Hammer! Click Here to Complete Your 1099 …

in News on June 25, 2007 at 1:39 am PT

With millions of dollars in virtual currency changing hands each month in simulated worlds like EverQuest and Second Life, there are increasing reports of virtual-world moguls amassing real-world riches and scholars warning that these online worlds could be the “21st century’s equivalent of hiding funds offshore.” So it may be only a matter of time [...]