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

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. […]

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 […]