The Radford Free Press – Page 192 – All life is problem solving.

Economics / austerity, economic policy, Federal deficit, GDP, government spending, Obama, Republicans /

Deficit Realities: No Cuts Needed

March 12, 2013

It seems like the entire economic discussion is now about the Federal deficit and what we ought to do about it. You all know my position by now: nothing. The deficit is going to melt away, or at least back to manageable proportions. So there is no need to do anything. Really. But, in the […]

Economics / austerity, economic policy, GDP, government spending, Paul Ryan, Republicans /

There He Goes Again

March 12, 2013

Paul Ryan is at it again. He has unveiled his new plan to cut government spending. It looks a lot like his old plan. Fiction writers like Ryan try to cultivate a loyal following by sticking with popular characters and themes. In Ryan’s case the theme is to ensure that the poor get hammered and […]

Economics / austerity, job creation, jobless claims, jobs, unemployment /

Jobs!

March 8, 2013

Today’s employment report looks good. It’s as simple as that. We don’t even need to spend time to pick apart its nuances. There aren’t many. The economy added 236,000 jobs in February. That brought the unemployment rate down to 7.7% from January’s 7.9%. Both these numbers are good news. Well, sort of. Some perspective: the […]

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