Current Events and the Psychology of Politics

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Summary: Incomes for the wealthiest 1 percent of Americans nearly tripled from 1979 to 2007, far outpacing income growth for all other groups and underscoring the sharply increased U.S. income disparity between rich and poor. … One-year retrospective: One year ago today, on October 27, 2010, Aubrey Immelman reported that Osama bin Laden threatened to kill French citizens to avenge France’s support for the U.S.-led war in Afghanistan and a new law banning face-covering Muslim veils.

Summary: Ten signs the U.S. has entered a double-dip recession. … One-year retrospective: One year ago today, on July 31, 2010, Aubrey Immelman reported that July 2010, with 63 dead, became the deadliest month of the then nearly 9-year-old Afghanistan war for U.S. forces, surpassing the previous record of 60, set in in June 2010.

Apr 2nd, 2011

Summary: After more than two years of a bleak prospects for job seekers, the economy’s slow, steady growth is finally creating jobs at a healthy pace. … One-year retrospective: One year ago today, on April 2, 2010, Aubrey Immelman reported that the U.S. economy had posted its largest job gain in three years, with unemployment in March remaining at 9.7 percent for the third straight month.

Mar 20th, 2009

Summary: What’s worse — corporate bailout or no bailout? Financial analysts and federal officials have warned that doing nothing to save AIG — or banks or the auto industry — would lead to catastrophe: an economic domino effect of bank losses, stock market chaos, and job cuts. Here’s what might happen if companies deemed “too big to fail” were allowed to do just that.