The Radford Free Press – Page 193 – All life is problem solving.

Economics / austerity, government spending, tax policy /

Where Our Spending [Really] Goes

March 22, 2013

We are into the silly season of budget debates in Washington. Dueling budgets are flying back and forth. Different ideologies are ensuring that the gulf between the right wing preferred budget and all the rest is enormous. As in unbridgeable. The reason is that our contemporary Republican party wants to dismantle ‘big’ government and reduce […]

Economics / Conference Board, existing home sales, growth, home prices, leading indicators, unemployment /

As You Were – Again

March 21, 2013

Today was one of those days. A flurry of new data about the economy all of which left us exactly where we were. I suppose that’s good. But it could, and should, be better. New claims for unemployment assistance were pretty much unchanged last week. They had been 334,000 the previous week, they edged up […]

Economics / housing starts /

Housing Plods Along

March 19, 2013

Anyone looking for an imminent boom will be disappointed. The rest of us will be just fine. That’s the way I look at today’s housing data from the Commerce Department. The report shows housing starts rising 0.8% in February to an annual rate of 917,000, which is pretty much in line with expectations and keeps […]

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