The Radford Free Press – Page 191 – All life is problem solving.

Economics / austerity, economic policy, government spending, growth, job creation, Obama, Republicans /

Austerity Bites? Jobs Evaporate.

April 5, 2013

And some of you thought that budget cuts were a good thing. We knew today’s jobs report from the government was going to be bad because of Wednesday’s ADP data on the private sector. But this bad? Not many went this far down in their forecasts. The US economy added a miserly 88,000 jobs in […]

Commentary / austerity, banking, democracy, government spending, plutocracy /

Austerity: Democracy Versus Capitalism

April 4, 2013

That’s where we are. That’s where we’ve been for a while. That’s where we’re likely to stay. Get used to it. Don’t get me wrong: the history of the past two hundred or so years have shown that capitalism – depending on how you define it – has been a good thing. Yes, it has. […]

Economics / ADP, austerity, job creation, jobs /

Weak Jobs Report

April 3, 2013

This week brings us the two monthly snapshots of employment: today’s ADP data, and Friday’s government report. Unfortunately ADP didn’t get us off to a good start. According to ADP – the big payroll processing company – the private sector only added about 158,000 jobs in March, the weakest gain since October. For comparison the […]

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