Must Read Posts - Sometimes you just can't say it better for 12.06.09

On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.

Sometimes though, one cannot say it better but miss those who did.

Must Read #1

Calculated Risk has a table, using a method similar to Okun's Law from researcher Jan Hatzius, to show what kind of GDP growth is required to generate jobs. 6% GDP growth just to drop the unemployment rate to ~8%. See this post on how Okun's Law is not correlating well this recession.

Must Read #2

Elizabeth Warren's piece, America without a Middle Class. While Warren is focused on the efforts to kill any consumer financial protections, note offshore outsourcing and use of guest worker Visas appears to be an almost taboo topic, even among the economics blogs.

Must Read #3

EPI's Job Crisis Fact Sheet. While we have covered these statistics, seeing them in one sheet, starkly stated is a blast of cold water on your face to wake one up from the rah, rah cheerleading as well as trivializing the plight of the U.S. economy going on in the MSM.

Muse Read #4

Tax Justice calls for a Windfall Profits Tax on Executive Bonuses. The U.K. is considering such measures and of course the U.S. just gets more rhetoric from Treasury Secretary Timothy Geithner.

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