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    Economics / austerity, business investment, consumption, demand, economic policy, fiscal cliff, inventories, plutocracy, real estate, trade, unemployment /

    Update On The Economy

    November 29, 2012

    It’s been a long break occasioned by a string of visitors. What happened in the interim? Not a whole lot. Washington is now deeply immersed in the three ring circus known as the fiscal cliff, an event, we are told, so horrendous that we all ought to be prepared to sacrifice our preconceived notions of […]

    Commentary /

    What Science?

    November 20, 2012

    OK, one more bash at electioneering. One of my contentions is that the Republicans will have a hard time pivoting back to sanity any time soon, and thus are likely to start with a major handicap in 2016, because the party’s next generation of leadership has all grown up in the extremist era.  So to […]

    Economics / GDP, home prices, housing permits, housing starts, real estate /

    Real News

    November 20, 2012

    Real estate that is. While we are all being distracted by totally unnecessary and febrile discussions of fiscal cliffs there is actual useful information emerging about the real economy. Not much mind you. This is a slow week what with Thanksgiving on the horizon. Still news is … well, news. The last two days have […]

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