Unfortunately, the same survey showed some significant denial about the seriousness of the problem.

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Based on Southwest's first-quarter conference call, McAdoo said he was unsure management sees the seriousness of the problem.

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Based on the Dallas-based company's first-quarter conference call McAboo is unsure management sees the seriousness of the problem.

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They note that the recent JOBS act was a step in the right direction, not least because it suggested that the political elite is beginning to realise the seriousness of the problem.

ECONOMIST: Schumpeter

Of course, the rest of the world will have no idea at all about the seriousness of this problem.

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That might not trouble Americans who believe that the seriousness of the Medicare financial problem requires sacrifice and that the sacrifice should come from those who most benefit from the program.

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But it has taken Western governments too long to grasp the seriousness of their jobs problem.

ECONOMIST: Unemployment in the West

Congestion is indeed a big problem, but it must not be allowed to mask the seriousness of free-flowing traffic's contribution to pollution, climate change and the erosion of green spaces.

ECONOMIST: Excessive