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Say? McCloskey

Getting back from a break is always tough. In our current economic climate I am finding it even more difficult than usual. Nothing much changes. Growth is so-so – I found last week’s headlines hilarious when first quarter GDP was revised down. Some in the press screamed  about things being much weaker than originally estimated. […]

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Housing: Keeps Up The Good Work

Today’s report on the sale of newly constructed homes tells us that the real estate recovery continues unabated. Sales rose 2.3% in April to an annual rate of 454,000, a number about 29% higher than this time last year. That’s not earth shattering in the context of the peaks we saw during the bubble years, […]

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Deficit Jumble

I missed this earlier, but here’s an interesting statement – part of an interview in early May given by John Boehner on Bloomberg TV: “We have spent more than what we have brought into this government for 55 of the last 60 years. There’s no business in America that could survive like this. No household […]

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