The Radford Free Press – Page 213 – All life is problem solving.

Economics / Case-Shiller Index, Conference Board, consumer confidence, GDP, home prices, jobless claims /

Latest News

December 27, 2012

Yes it’s hard to focus at this time of year under the best of circumstances. This year is even worse. The background noise provided by the lack of active negotiation over the so-called fiscal cliff, and the Treasury Department’s sudden discovery that we will hit the debt ceiling at year’s end, drown out any day […]

Commentary / austerity, economic policy, fiscal cliff, GDP, Obama, Republicans /

Oh Boy: Over the Cliff We Go?

December 20, 2012

No one knows exactly what went on, but this evening’s extraordinary melt down within the House Republican caucus is surely a historical moment. Here’s the story: Speaker Boehner has been negotiating a deal to resolve the so-called ‘fiscal cliff’ with President Obama. Set aside whether we think the economy has a debt or budget problem. […]

Economics / austerity, business investment, consumption, demand, durable goods, economic policy, fiscal cliff, GDP, growth, monetary policy, real estate, trade /

Moderate Growth Mid-Year

December 20, 2012

It’s difficult to get excited about data that is so old. So today’s third, and final, version of third quarter GDP is notable mainly as a benchmark. It is highly likely a high water mark for 2012 and perhaps even for 2013. All the evidence suggests we have been in a gradual slowdown since mid-year. […]