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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

February 1, 2013 at 10:28 AM

Vote: Where is the economy headed this year?

The Dow topped 14,000 for the first time since 2007. But GDP contracted slightly in the fourth quarter of 2012. Today, the government reported that 157,000 jobs were added in January, below expectations. But for all of last year, the economy added an average of 181,000 jobs a month. Even so, at this rate it will take until 2022 for the United States to get back to full employment.

The year ahead faces many challenges. Here is Nouriel Roubini’s take. What’s yours?

Where’s the economy headed in 2013?

Read on for the best links of the week and the haiku:

This Week’s Links:

  • Barack Obama: Worst socialist ever || Daily Kos
  • Microsoft jams thousands of servers into boxes, building out $1 billion data center || Wired
  • Student debt is more subprime than ever || Gawker
  • Patent hubs or technology hubs: Does the innovation narrative need to change? || Washington Post
  • Amazon’s future is not selling stuff — and that’s a good thing || Wired
  • Steve Ballmer does not fear Dropbox or an Office-less iPad || BusinessWeek
  • Dell as case study in corporate tax avoidance || David Cay Johnston
  • More losers than winners in America’s new economy geography || Richard Florida
  • Big, rich, wobbly: Wall Street banks are sicker than you think || Mohamed El-Erian
  • Airbus says it has a ‘Plan B’ for A-350 batteries || Reuters
  • Grand mal economic seizures || Brad DeLong

    Today’s Econ Haiku:

    Is this how we roll?

    A new normal of jobless?

    Someday heads might roll

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