The Radford Free Press – Page 224 – All life is problem solving.

Weekend October 26, 2012 – Useless Policies

October 26, 2012

This was a week during which all intelligent discussion ceased. There’s an election going on – when isn’t there? – and so no one can make sensible suggestions about policy for a while. Instead we are treated like children to pablum. Politicians, it seems, really don’t want to get involved in the hard stuff. They […]

Economics / business investment, consumer confidence, consumption, fiscal cliff, GDP, government spending, growth, trade /

Modest Growth – Very Modest

October 26, 2012

Under normal circumstances – who can remember when they were? – GDP growth of about 2% would be looked at as something of a failure, but for a long time now anything in the 2.0% to 2.5% range has been regarded as an optimistic target. Such are the consequences of a bloated financial sector. This […]

Economics / economic policy, growth, home prices, new home sales, real estate /

Home Sales Perk Up

October 24, 2012

Good news: sales of new homes rose 5.7% in September to an annual rate of 389,000. This is the highest rate of activity since early 2010 when the imminent expiry of the first-time home buyer tax credit artificially boosted sales. That we can look at today’s figures with some optimism is telling. September’s level of […]

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