Economy:
More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined – Wall Street Journal
Marx, Mervyn or Mario? What is behind the decline in living standards? – The Economist
Many Low-Wage Jobs Seen as Failing to Meet Basic Needs – NY Times
Economy Adds 216,000 Jobs, Unemployment Falls to 8.8% – CNBC
Consumer spending: No pent up demand around here – The Economist
Markets:
Dollar rallies as focus shifts to U.S. rate outlook – Reuters
Wal-Mart CEO Bill Simon expects inflation – USA Today
Gambling on a stocks break-out – Reuters
Politics:
The Texas budget: A $27 billion shortfall may prompt a re-examination of the state’s priorities – The Economist
Banks:
Wachovia Paid Trivial Fine for Nearly $400 Billion of Drug Related Money Laundering – Naked Capitalism
