Saturday, January 26, 2013

Drunk on Obama's New Normal?

RealClearMarkets - Friday's Unemployment: "Good" Only By "New Normal" Standards: "There were 3.3 million fewer Americans working last month than there were back in November 2007, which was more than five years ago. In the interim, America's working age population grew by 11.4 million. So, how were the December employment numbers? They were terrible. December was an awful month, capping a horrendous first Obama term in office. The current jobs situation could only be seen "good", or even "OK", by someone drunk on Obama's "new normal"."

Mohamed El-Erian's 'New Normal' Is Ending - America's Watershed Moment Is ...
Business Insider
In 2009, Mohamed El-Erian, CEO of PIMCO – the world's biggest bond fund manager – coined the term "new normal" to describe the period of economic malaise the U.S. would experience in the wake of the biggest recession of a generation. The "new ...

Business Insider

Exclusive New Normal Promo: John Stamos and Mark Consuelos Are Put to the ...
is literally the name of the game played this Tuesday on The New Normal (NBC, 9/8c). In order to win, the gang is going to have to use its very best gaydar on the special subjects at hand: John Stamos and Mark Consuelos. In the following exclusive ...

'New Normal' May Be Nearing End: Pimco's El-Erian
The "new normal" of slow economic growth, high unemployment and government debt problems could be over soon, Pimco's Mohamed El-Erian told CNBC.

Pay cuts may signal "new normal" on Wall Street - Yahoo! News
From Yahoo! News: BOSTON (Reuters) - In the past few days, major global banks have taken the ax to pay with unusual zeal. JPMorgan Chase & Co slashed ...

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New Normal - Google News