Paul Krugman: "We're In Lost Decade Territory""I think it's (the economy is) self-substantively growing, the problem is it's not growing in a way that takes up the slack. We're kinda of in lost decade territory. Those of us who studied Japan in the 90s look at this and say 'Gosh, we're looking awfully Japanese right now,'" Paul Krugman said on ABC News' "This Week."
Pelosi: Low Job Numbers "Due To Disasters In South And Mid-West""The unemployment numbers are obviously disturbing. Are they an anomaly as some people suggest because of the disasters in the south and the mid-west and the rest or is this something systemic that we have to accommodate in a different way?" House Minority Leader Nancy Pelosi (D-CA) said on CBS' "Face the Nation" this morning.
Gov. Barbour: GOP Pick May Be An UnknownGov. Haley Barbour (R-Miss.) spoke to Bob Schieffer on the possibility of a double dip recession, the 2012 Republican hopefuls, and Paul Ryan's plan for Medicare.
Palin: "Noble" Obama Wants To "Go Down With The Sinking Ship""It's very noble of President Obama to want to stay at the helm and maybe go down with the sinking ship but I prefer and many Americans prefer that we start plugging the hole that we start powering up the bilge pump and start getting rid of this unsustainable debt that is sinking our ship. We don't have to go the way of the Titanic and there are th
Austan Goolsbee: "Stiff Headwinds" Slow Job Creation"Don't make too much of any one month's job report because they are highly variable," President Obama's top economic advisor Austan Goolsbee said noting that the economy has improved dramatically from the picture two years ago. "After the last recession, in this comparable period, post-recession, we had lost 100,000 jobs. We've added more than two
Palin To Detractors: I Was Right About Paul Revere's Midnight RideBack story here. (via The Right Scoop)
"FOX News Sunday" On May Job NumbersBill Kristol, Mara Liasson, Kimberly Strassel and John Podesta debate.
"This Week" Roundtable On Faith In Politics, Romney & EdwardsHerman Cain, Dee Dee Myers, Mark McKinnon and Jon Karl.
Ron Paul Sees Change In Makeup Of Republican PartyPresidential candidate Ron Paul says people used to laugh at his foreign and monetary policies, but not anymore.
Anita Dunn: GOP "Rooting For Failure On Those Unemployment Numbers"ANITA DUNN: "I thought it was almost unseemly on Friday to watch the Republicans basically rooting for failure on those unemployment numbers, reveling in the idea that things are not going well."