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Saturday, January 7, 2012

India need reality check: Australian media

The Australian media on Saturday suggested a reality check on the hype surrounding the famed Indian batting line-up after the visitors' humiliating innings defeat in the second Test, saying that they should ponder over whether the ageing stars can still deliver for the team.

The Indian batting line-up has come a cropper in the two Tests against Australia in the ongoing four-match series and the local media wondered whether the ageing stalwarts were still an asset.

"On paper India boasts one of the most formidable batting line-ups ever seen in Test cricket, but reality suggests age is starting to overpower the benefits of their experience," the Australian Associated Press said.

"Dravid and Tendulkar are approaching 39, Laxman is 37 and India's recent whitewash against England and 2-0 deficit against Australia indicates something is significantly wrong. Writing off champion players is always fraught with danger, and India's big three, as well as Virender Sehwag and MS Dhoni, have shown patches of their prowess over recent months," it said.

According to the write-up, India's rise to No. 1 spot in Tests before England dethroned them had been due to the huge partnerships among the experienced players, something they have failed to do in recent time.

"India became No.1 team in Test because their stars had a knack of firing together and combining for huge partnerships to bat teams out of matches. That isn't happening at moment, and the question is whether their ageing heroes are in a position to see them back to top of world rankings," it said.

The media said the perception that India's famed batting line-up will deliver at SCG, Sachin Tendulkar's "favourite" ground abroad, in second Test was exaggerated.

"Rumours of an Indian pulse in Sydney had been greatly exaggerated. Inevitably, the tooth fairy was revealed to be a fraud," a write-up in 'Sydney Morning Herald' said.

"While Tendulkar and Laxman were still at crease after lunch, there remained the faint belief the unsalvageable might be salvaged. The tourists' back was broken early afternoon with the dismissals of Tendulkar for 80 and Laxman for 66. The rest of afternoon was a victory lap for Michael Clarke's side," the write up in 'Sydney Morning Herald' said.

'The Australian' focussed on Tendulkar falling to the slow left-arm bowling of Australia captain Michael Clarke, which triggered the visiting side's collapse in India's second innings, leading to their innings and 68-run defeat in the second Test at the SCG.

Under the heading 'Indian cobras charmed again by Michael Clarke's tweaks', the newspaper wrote, "What is it about Indian batsmen and that Australian slow left-arm and occasional orthodox spinner? The sweet slicing artists of the subcontinent have made mincemeat from the finest rumps of Australian tweakers.

"Shane Warne has been reduced to a shivering mess at times and if it happened to him you can imagine how mere mortals fare. There is something about Michael Clarke, however, that an Indian batsman does not love.

"He only took one wicket but it may as well have been five, for when Sachin Tendulkar falls a trapdoor opens beneath the innings," it said.

'Herald Sun' praised the Australian team for winning the second Test also in four days after taming the highly-rated Indian batsmen.

"For the second time in as many weeks, Australia twice disposed of the game's most feared batting line-up inside four days," it said.

Meanwhile, captain Michael Clarke got most of the credit from the local media for his 329 not out and dismissal of Tendulkar which triggered the Indian batting collapse in the visitors' second innings.

Under the caption 'Pup tops Sachin, Clarke outshines Indian legend', 'Herald Sun' wrote, "Few people have ever upstaged Sachin Tendulkar. No one is likely to do it more completely than Michael Clarke did in this 100th SCG Test.

"Is there nothing Clarke can't do as captain? A triple century one day, the prized wicket of Tendulkar the next. Clarke's fairytale continued the Little Master's frustration," a write-up in the newspaper said.

"Just when it appeared no one was going to dismiss Tendulkar this week, or perhaps next, and his 100th international century looked a certainty, Clarke delivered a handful of kryptonite. And that was that. Tendulkar's last appearance in a Test at the SCG was over for a well-constructed 80," it said.

'Daily Telegraph' praised Clarke for not going for individual glory by declaring Australia's first ininngs when he was unbeaten on 329.

"Clarke's triple century in his hometown will be remembered for a long time - as will his decision not to pursue Matty Hayden's Australian record of 380 - while Ricky Ponting and Mike Hussey whacked timely centuries," the newspaper said.

The media said Clarke earned respect as captain with his monumental effort with the bat and with his leadership skills.

"In just three days - the time it took to score 329 runs at the SCG - Australia's cricket captain has shed his image as a tosser and found what he craves most: respect. Pup is the toast of the nation. He has India on the ropes, his future assured and a new woman at his side."

Source : NDTV.com

For Many Americans, Jobs Crisis to Last Many Years

Despite an upswing in hiring during 2011, the jobs crisis could last many more years as millions of Americans struggle to find work.

In Orlando, Florida, Brenda Solomon lost her retail job last May at a department store and was unable to find even temporary work during the holiday season.

Unemployment Line

"I've tried and tried and tried," Solomon, 58, said on Friday while visiting a job center.

Earlier, the U.S. Labor department said employers added 200,000 jobs during December, many more than expected by Wall Street. In 2011 as a whole, 1.64 million jobs were created, well above the 940,000 in 2010 and the best showing since 2006.

But the amount of jobs in the economy is still about 6.1 million lower than before the brutal 2007-2009 recession. At December's pace of gains, it would take about 2 1/2 years just to get back to pre-recession levels of employment.

That means many people will be in for an agonizing wait.

In December, 5.6 million of the nation's unemployed had been out of work for at least six months, the Labor Department data showed, only slightly lower than the previous month.

Laquanda Carmichael has been without work for just over a year and has seen no improvement in the labor market.

"It's been the same to me. I have a lot of discouraging days," the 39 year-old former science teacher and hospital worker said.

"I'm looking for anything right now. Warehouse processing, hospitality, anything."

While jobs creation certainly picked up in the United States during the end of the year, economists point out that even a gain of 200,000 underwhelms considering constant growth in the population and the still-high 8.5 percent unemployment rate.

Princeton University economist Paul Krugman said that at December's pace it could take a decade for the labor market to recover from the recession.

In a back-of-the-envelope calculation, Krugman was considering that the country's growing population adds at least 100,000 people to the workforce every month.

"We need much faster job growth," he wrote on his blog. "It says something about how beaten down we are that this (jobs report for December) is considered good news."

The unemployment numbers reflect a persistent difference between those with a higher education and those without - especially in certain sectors like engineering.

Nearly 90 percent of 2011 graduates from Worcester Polytechnic Institute in Massachusetts got jobs or attended graduate school - almost the same level as before 2008.

Jeanette Doyle, director of the school's Career Development Center, said there was a 7 percent uptick in late 2011 in the number of companies at the school's fall recruiting event, and 17 companies were on a wait list to get in.

For lower-paid Americans, the picture is very different.

Construction worker Richard White, also at the job center in Orlando, has not had steady work in the last three years, and gets by on occasional stints doing electrical work or carpentry.

In December, the construction industry added 17,000 jobs. But that sector, devastated by a burst housing bubble that helped trigger the last recession, has even farther to go than the rest of the economy before it can recover.

There were still almost a third fewer construction jobs in December than at the industry's pre-recession peak in August 2006.

As for the December's advance, White said: "I'm not seeing it."
© 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source : CNBC.com