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    Economics / home prices, new home sales, real estate /

    Housing Rebounds Strongly

    February 26, 2013

    One way to take your mind off of sequester week is to look at today’s report on home sales. It’s good. Sales of new homes shot up 15.6% in January to an annual rate of 437,000. That’s the fastest pace since the middle of 2008. Not only this, but the inventory of unsold new homes […]

    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 […]

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