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This is the political scene, a weekly conversation with New Yorker writers and editors about politics.

It's Thursday, April 4th. I'm Dorothy Wickendon, executive editor of The New Yorker. and editors about politics. It's Thursday, April 4th.

I'm Dorothy Wickenden, executive editor of The New Yorker.

In June 2010, when the economy was beginning to emerge from the recession,

President Obama gave a widely noted speech at Cooper Union in New York.

Until this progress is felt not just on Wall Street,

but on Main Street, we can't be satisfied.

Until the millions of our neighbors who are looking for work can find a job and wages are

growing at a meaningful pace, we may be able to claim a technical recovery, but we will not have

truly recovered. So the stock market is now at record levels, and the housing market is beginning to

rebound, but unemployment is still very high, and the number of people on federal assistance

keeps growing. I'm talking to James Surawicki and John Cassidy to help make sense of these mixed

signals, and also how they might shape the unending debates in Washington over taxing and spending.

...