The Radford Free Press – Page 200 – All life is problem solving.

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 […]

Economics / austerity, economic policy, GDP, government spending, growth, potential GDP /

What’s Missing?

February 14, 2013

A couple of days ago I complained about the misrepresentation of Federal spending under Obama. It hasn’t risen anywhere near as much as some folks say it has. Indeed it has been under control since that first burst during the heat of crisis. That drew the ire of one or two of you who complained […]

Economics / austerity, government spending, Obama, Republicans /

Federal Spending Facts

February 12, 2013

Like many people I am perplexed by claims that federal spending has ‘exploded’ on Obama’s watch. The claim is generally made by someone on the right of center in politics and is stated as if it is a well known fact. So well known that no one can possibly refute it. The conversation is then […]