Mesmerizing video of glacial melt in Antarctica
On the eve of the implementation of the sequester, when across-the-board, indiscriminate slashes in federal spending take effect, mainstream economists like Fed chairman Ben Bernanke and Nobelists Paul Krugman and Joe Stiglitz predict a downturn in the sluggish economy. Of course, the cuts translate into lost jobs, but no one knows how many. There are estimates of 700,000 to 1.14 million jobs lost. (Many of the specific cuts here.)
There is good reason to be concerned.
If you have read this far, you will be wondering why this post begins with an extraordinary video that captures a glacier as it breaks off and its mountains tumble and crash into the Antarctic Ocean.