The Radford Free Press – Page 199 – All life is problem solving.

Economics / austerity, economic policy, Federal Reserve Board, government spending, Obama, Republicans /

Ho Hum, Another Crisis

February 26, 2013

Hey everyone: it’s sequester week! Aren’t you excited? No? I don’t blame you. And you’re not alone. According to Pew Research only 27% of Americans give a fig about the upcoming sequester. This despite it’s evident and widespread negative impact. This contrasts with the 50%+ who claimed to be intensely interested and concerned about the […]

Economics / austerity, business investment, consumption, demand, economic policy, economic theory, government spending, growth, Simpson-Bowles /

Simpson-Bowles: They’re Back!

February 19, 2013

Yes. Simpson and Bowles are back at it. Erskine Bowles, former Clinton aide, and Alan Simpson former Republican Senator from Wyoming, are back in the headlines. Motivated by the onrushing sequester crisis – how we all love our crises nowadays – and infused with loads of cash from big business, our dynamic austerity duo snatched […]

Economics / austerity, business investment, consumption, demand, economic policy, economic theory, government spending, growth /

The Market Gets Queasy

February 18, 2013

As we approach yet another of our self-inflicted crises, the ‘sequester cliff’, I find it amusing that the markets are reacting with surprising unanimity. Cutting government spending, apparently, is a jolly bad thing to do. Why else would the stock market be in the beginnings of a panic? Why else would the financial media obsess […]