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Rep. Paul Ryan (R-WI) fired up the audience Thursday at the Conservative Political Action Conference with an anecdote about what he called the heartlessness of giving out free school lunches—but it turns out that "moving"story never really happened.
Today everyone reported that the unemployment rate is at 6.7 percent after employers added 175,000 jobs last month. But where did this economic indicator come from? And how did it come to have so much power over us? Zachary Karabell, author of The Leading Indicators, explains its origins in today's excerpt.
Don't forget to join us for a live chat with Karabell at noon today.
House Democrats are pissed and want Rep. Darrell Issa (R-CA) to be stripped of his chairmanship of the oversight committee after he shut off Rep. Elijah Cummings' (D-MD) mic during Wednesday's IRS hearing.
Why is the Internet so slow? Or to put it more specifically, why are we used to internet speeds that are actually dramatically slower than they are in many other countries, even a number that are less wealthy and technologically advanced than we supposedly are?