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Could Millennials Spawn a Productivity Crisis?

JULIE HALPERT, The Fiscal Times | May 23, 2012

Karie Willyerd, chief learning officer for SuccessFactors, tells the story of seven millennials working at a...

Obama Turns a Deaf Ear to Voter Concerns

LIZ PEEK, The Fiscal Times | May 23, 2012

Newark Mayor Cory Booker Mitt Romney a Valentine when he described President Obama’s attacks on Bain Capital and...

Why Facebook’s Plummeting Stock Price Is a Good Sign

YUVAL ROSENBERG, The Fiscal Times | May 23, 2012

Facebook (FB) stock tumbled again Tuesday – and despite the hue and cry that has intensified as the share price...

Did Morgan Stanley Botch the Facebook IPO?

SUZANNE MCGEE, The Fiscal Times | May 22, 2012

Was the Facebook (FB) IPO bungled by the banks? Certainly, given the chaos that surrounded the first day of...

The Economy Ahead: Slightly Less Sluggish

MERRILL GOOZNER, The Fiscal Times | May 21, 2012

The economy will grow at a sluggish pace for the rest of the year, even as the outlook brightened slightly from a...

Booker Was Right: Unions Bet Big on Private Equity

MICHELLE HIRSCH, The Fiscal Times | May 21, 2012

Democratic Newark Mayor Cory Booker has historically been a vocal Obama administration supporter. But he riled...

Massive Benefit Scams Rip Millions from Taxpayers

ERIC PIANIN, The Fiscal Times | May 21, 2012

This story was updated at 2:20 p.m. on May 21, 2012. Shortly after taking over as head of the D.C....

Will Germany Swallow Inflation to Save the EU?

PATRICK SMITH, The Fiscal Times | May 21, 2012

This weekend’s G-8 summit at Camp David, the U.S. president’s retreat, marks a big step for Europe in several...

Want World Peace? Try Super-Smart Farming

MERRILL GOOZNER, The Fiscal Times | May 21, 2012

A lot depends on the world’s ability to expand agricultural production over the next 30 years. As the grain price...

Visitor Logs Show Lobbyists Welcome at White House

T.W. FARNAM, The Washington Post | May 20, 2012

Before 9 a.m., a group of lobbyists began showing up at the White House security gates with the chief executives...

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5 Questions For...

Chesley Sullenberger
Pilot, management consultant, author

"You say all Americans can help ‘fix’ the country. How?"

"We have a responsibility to each other and to society to be involved, to educate ourselves, and to choose people who will do the same. We’ve got to vote; we’ve got to be engaged. Problems can be solved if we work together."
"Why do we need to change the financing of political campaigns?"

"The Supreme Court in Citizens United made Super PACS possible. That kind of money creates access to legislators that disenfranchises the rest of us. Until we align incentives toward public good, it’s hard for people to be effective leaders."
"How would you bridge the gap between the 1 percent and the 99 percent?"

"People have to change the way they think. It’s one of the first things boards can do: Tie pay to performance. High multiples are counterproductive. The committees may claim that attracts the best talent, but I don’t believe it."
"How do negative corporate cultures create hidden costs?"

"CEOs who believe ‘there’s no economic benefit to having happy employees’ pay a huge price. There are costs to not having a partnership between management and labor, not having an engaged workforce. You lose good people; you miss targets."
"Why do you feel Michelle Rhee is a strong leader?"

"As head of Students First, she knows holding children to the highest standards is in their best interests and the country’s best interests. It’s not about maximizing the pay and privileges of tenured teachers. It’s about educating our kids."

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Cartoons

“In the future, everybody will have fifteen minutes of health-care coverage.”
”We don’t use the Congressional Budget Office. We have our own figures.”
“And, in our continuing effort to minimize surgical efforts, I’ll be hitting you over the head and tearing you open with my bare hands.”
“The social conservative in me tells me to pay for dinner, but the fiscal conservative thinks we should split it.”
“Personally, I liked this roller coaster a lot better before the Federal Reserve Board got hold of it.”
“Kids, your mother and I have spent so much money on health insurance this year that instead of vacation we’re all going to go in for elective surgery.”
1. “You can rest assured, Mrs. Wilson, that your husband will receive the best care known to medical coverage.”

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Quote of the Day

The number of Democrats criticizing the Obama camp's messaging on Bain Capital continues to grow; former PA Gov. Ed Rendell became the latest, calling Obama's Bain attacks 'disappointing.'