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

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 […]

Weekly Summary /

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 […]

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