The Radford Free Press – Page 210 – All life is problem solving.

Economics / debt ceiling, government spending, monetary policy, Obama, Republicans /

Debt Ceiling Nonsense

January 7, 2013

When a very old matter of convenience becomes a contemporary pain in the butt strange things get said, people act peculiarly, and really stupid stuff happens. Meet the debt ceiling. Only in America. The debt ceiling was introduced back in World War I as a convenience. The constitution, that fusty bedrock of American politics, gives […]

Breaking News, Economics / job creation, jobs, unemployment /

Jobs Report

January 4, 2013

I would be remiss not to remark on this week’s employment news. The economy added a decent 155,000 jobs in December. Coincidentally that is almost exactly the average monthly gain we have experienced for the past two years. So the recent trend continues. We add sufficient jobs to absorb new workers coming into the workforce, […]

Economics / austerity, entitlements, fiscal cliff, government spending, medicare, Obama, Social Security /

Rolling Right Along

January 3, 2013

Take a deep breath and repeat after me: the cliff is dead, long live the cliff. Do not dare to settle down, but brace yourself for what will be, no doubt, an even more bitter and intense argument. You see, the fiscal cliff deal – remember that? – was simply a minor precursor to the […]

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