The Radford Free Press – Page 223 – All life is problem solving.

Commentary / Obama, plutocracy, Republicans, Romney /

Obama is Scared

October 29, 2012

Dean Baker goes overboard. Well he suggests that Obama is failing to defend Social Security because of his fear of retribution from the policy elite. Baker is right. This is an issue that extends beyond Social Security. Many of us have been saying for a while that Obama is too beholden to an elite whose […]

Commentary /

The Glenn Hubbard Scandal

October 29, 2012

There isn’t one of course. But there ought to be. In my mind, and I admit I am probably alone in this, Glenn Hubbard represents all that is wrong with the economics profession. Were there a scintilla of an ethical standard in economics Hubbard would be the first person disbarred. OK. That’s harsh. But allow […]

Economics / consumer confidence, consumption, demand, economic policy, incomes, inflation, plutocracy /

Consumer Spending Ticks Up

October 29, 2012

While we hunker down waiting for hurricane Sandy to churn its way inland we can ponder today’s consumer spending report and its attached reading on inflation. It seems that consumers have settled down over the past few months and been more willing to go to the stores. Spending rose 0.8% in September whereas personal incomes […]

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