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    Economics / austerity, business investment, consumption, demand, Federal deficit, GDP, government spending, growth, incomes, inventories, jobless claims, trade, unemployment /

    Signs of Life? Part 2

    December 5, 2013

    Yesterday’s reports of economic strength have been followed by a couple of similar reports today. We are spoiled by good news. Well sort of. The headline grabber will be the news that GDP grew 3.6% in the third quarter. If you recall, the first estimate had growth at a much lower 2.8%. This level of […]

    Economics / ADP, Case-Shiller Index, home prices, ISM Index, job creation /

    Signs Of Life?

    December 4, 2013

    I was asked yesterday, by a stranger who knew that I write about such things, what I think about the economy. I said it sucks. Which it does in many ways. Yet there are signs of life because the news this week has been good so far. Take, for example, the monthly report from the […]

    Commentary, Economics /

    Matter of Opinion Economics

    November 21, 2013

    Those looking for economics to cure itself will be waiting a long time. We need a generation to die out first. Maybe two. Maybe it will never happen. Then again … There is more than one way to understand our current malaise. The problem is that economics provides several. There’s an economist to defend pretty […]

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