The IRS did an analysis of the 2009 tax year, and some interesting and not surprising things happened!
• More than 3% of households that had job income in 2007 had none in 2009.
• America's average household income fell 13.7% from 2007 to 2009.
• Two million fewer people filed tax returns from 2007 to 2009.
Goodbye! America doesn't need you.
Jack Meyer, who managed Harvard's endowment until 2005, at which point some people tried to run it into the ground, with a little help from pals from Goldman Sachs, while Meyer went off to run a hedge fund, just spent $15 million on a house in Dutchess County, so all's well that ends well.

The worst kind of job interview is over the phone. Who calls whom? Is my phone working? What if a creditor calls at the same moment the interviewer tries? Will the call be bounced? Will the recruiter leave a message? If they don’t call right away, how long should I wait until I call them? Do I even understand how my phone works? Do I even understand how interviews work? Should I shave?
In-person interviews, at least, have rules. Brush your teeth. Don't swear. But phone interviews? Once, a recruiter called me five minutes before the time we had set the interview. This really rattled me: I hadn’t [...]

A friend of mine recently graduated with a degree in public relations, minor in journalism. It was a pragmatic concentration balance on its face: one of these fields represented at least a modicum of investment toward gainful employment, the other did not. In a different time, my friend, we’ll call her Fiona, may have given herself over to the romantic notion of the well-traveled journalist, marrying her wanderlust and literary inclinations to a desire to do something in the interest of the public good. But she believed in realism and clear-eyed ambition. Cautious that the budgets to buoy any latent journalistic aspirations had gone the way of the dodo, [...]
Here's advice on how to get jobs for which you may be wildly overqualified in case you have a useless college degree-jobs as diverse as running salad bars and stamping envelopes. The watchword is: Dress For the Job You Need, Not the Job You Totally Don't Have Right Now and Oh Man You Are So Screwed. Also don't tell them that you've had good jobs, in case you ever actually have. Pretend you've been at home taking care of some kids, in case you haven't been.
The White House has released the text of the President's speech today. Part of it goes like this! "We know that in the final few months of last year, small businesses accounted for more than 60 percent of the job losses in America. That's why we've passed eight different tax cuts for small businesses and worked to expand credit for them. But we have to do more. And there's currently a jobs bill before Congress that would do two big things for small business owners: cut more taxes and make available more loans…. Unfortunately, this bill has been languishing in the Senate for months, held up by a [...]