Despite modest January job losses the good news for job seekers is that after a brutal recession that swallowed stimulus packages whole with barely a burp, the business cycle is finally your friend in 2010.

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It’s unprecedented for the nation to be outraged about corporate pay, right? Not exactly: In the 1930s, as the Depression gripped the nation, furor about compensation rose to fever pitch, and Washington applied shears to salaries. In an article soon to be published in the University of Richmond Law Review, Harwell Wells, an assistant professor of law at Temple University, says the decade exposed “deep tensions” about the issue.

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