[Pen-l] two questions

[Jim Devine <jdevine03@xxxxxxxxx>]

1. The recent stats showed the size of the US unemployment insurance
rolls falling from the previous month. The pundits saw this as a sign
of possible recovery, perhaps later this year. But: to what extent is
the fall in the number of UI recipients simply the result of (1) the
surge of the unemployment insurance rolls about 6 months ago and (2)
the fact that in a lot of states, UI payments end six months after
they start?

2. I heard Larry Summers' interview on U.S. National Public Radio
yesterday. He sounded tipsy. Is this the way he normally sounds? (He
seemed to avoid Robert Seagal's questions, always steering the
discussion toward the proposed Consumer Financial Protection Agency,
while he did admit that the Fed sees the promotion of bank profits as
central.)

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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