The Radford Free Press – Page 194 – All life is problem solving.

Commentary, Economics / austerity, GDP, government spending, Obama, Republicans /

Sequester Day

March 1, 2013

Well here we are. And there we go. I doubt many of us really imagined that there would be a sudden out break of sanity in Washington. We haven’t ben disappointed. The war raging down there has produced another epic failure. It looks as if the sequester will go into effect. So what happens now? […]

Economics / austerity, business investment, consumer confidence, consumption, demand, economic policy, GDP, government spending, growth, inventories, trade /

Growth, But Barely?

February 28, 2013

Today’s headline is that the economy grew, just, in the fourth quarter last year. GDP rose at an annual rate of 0.1%, down from 3.1% in the third quarter and at the slowest pace in almost two years. But things aren’t that bad. On the contrary the report is quite encouraging. this is one of […]

Economics / business investment, durable goods /

Durable Goods Orders Slump

February 27, 2013

But don’t worry. Let me repeat myself: this is both an important statistic and a very volatile one. It is important because the things being measured are big ticket items that cost a lot and form a basic part of investment by business as well as households. So rising orders for durable goods is usually […]

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