It's not fair: Boeing's new 787 hasn't even gotten the chance to do a second roll-out--this time without the Tom Brokaw narration and worldwide simulcast, etc.--and already people are canceling orders. According to the Seattle Times, Boeing revealed yesterday that it lost 25 orders for the new plane. For the year, that puts the project at 50 canceled planes and 49 new ones--only the canceled planes are worth $5.5 billion and the new orders only $3 billion. At least it's outlived some if its haters.
Nationally, job losses slowed, though unemployment rose to 8.9%. (For a fascinating and depressing look at local unemployment rates, check out this chart.) And remember those stress tests? The ones the banks made sure weren't too tough? A lot of big banks did okay. To which Paul Krugman says, "(W)hether you actually should feel reassured depends on who you are: a banker, or someone trying to make a living in another profession."