The Radford Free Press – Page 214 – All life is problem solving.

Economics / austerity, fiscal cliff, Obama, Republicans /

On Second Thought

December 19, 2012

That was yesterday. Today, well everything looks so different. Whereas a deal to prevent us going over the so-called ‘fiscal cliff’ appeared well in the works over the weekend and into this week, it now seems that we might all be mistaken. The Republicans have hardened their stance. We are almost back to the black […]

Economics / austerity, consumer confidence, economic policy, fiscal cliff, GDP, government spending, growth, Obama, Republicans /

Bad Dealing

December 18, 2012

Well the rumors are swirling with enough detail mixed in that the consensus is probably right: there is a deal in the works. A deal, that is, to prevent us going over the so-called ‘fiscal cliff’. Is this good or bad? If you’re like me an subscribe to the view that we don’t have a […]

Economics / consumer confidence, consumption, Federal Reserve Board, inflation, jobless claims, retail sales /

Economic Update

December 14, 2012

We ought, briefly, to catch up on the latest news, most of which points to the ongoing sideways movement of the economy. Yesterday’s numbers on new claims for unemployment assistance was pretty much in line with expectations. Claims fell by 29,000 to 343,000 which is still a relatively high level but much closer to healthy […]

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