All Things Considered

One jobs number gets all the attention: The number of jobs lost or gained in the previous month.

That number is important. But focusing too much on the net change in jobs can be misleading. It gives the impression that a job is like a widget — it's something that gets made in a factory somewhere, and that we hope exists forever.

That's not how it works. Even in good economic times ,new jobs are constantly being created and old jobs are constantly being destroyed. (Of course, you do want the number of jobs created to exceed the number of jobs destroyed.)

Lillian Cahn, co-founder of Coach Leatherwear Co., died March 4 at the age of 89. Cahn was the force behind today's high-end leather handbags.

Back in the 1960s, she and her husband, Miles Cahn, were running a leather goods business in Manhattan. They produced men's wallets and billfolds but wanted to expand.

"My wife had a great sense of style, and she made the suggestions that we men maybe were a little thoughtless about," Miles Cahn says with a laugh. "Among her many suggestions was: 'Why don't we make pocketbooks?' I like to tell people I scoffed at the suggestion."

After the attacks of Sept. 11, 2001, President George W. Bush often made a provocative claim: He argued that the U.S. was fighting a war without a typical battlefield. In effect, he said, this war is everywhere.

"Our enemies make no distinction based on borders," he said in a 2007 speech in Michigan. "They view the world as a giant battlefield and will strike wherever they can."