Some Links

Shikha Dalmia explains that the G.M.'s new I.P.O. is meant to Invigorate Political Opportunities for Democrats.

Boston Globe columnist Jeff Jacoby reports that "Cash for Clunkers" was a colossal clunker on both economic and environmental grounds.

Bob Higgs gets more insight from yield curves.

Thank goodness for small victories.  (HT Andy Roth)

Guests at The Economist ponder the reason(s) behind the strength of Germany's economic recovery.  This line from Carmen Reinhart is important:

Germany was...