The Radford Free Press – Page 230 – All life is problem solving.

Economics / consumption, durable goods, GDP, growth, incomes, jobs, leadership /

Incomes Flat, But Spending Up

September 28, 2012

So we end the week with a little more insight into consumer behavior. The numbers for August show a scant 0.1% rise in personal incomes, continuing what is now a well established trend of very mediocre gains. In contrast, spending rose at a 0.5% clip, implying that households dipped into savings in order to spend. […]

Economics / job creation, Obama, Romney /

Jobs: Not As Bad As We Thought?

September 27, 2012

I would be remiss if I didn’t bring to your attention a press release today from the Labor Department. It announces that it has recalculated job gains and losses over the past few years and – drum roll please – we gained back more than originally thought. Specifically we undercounted the gains during the year […]

Politics / Republicans, Romney, tax policy /

Pity Romney

September 27, 2012

Maybe not. But on purely humanitarian grounds you have to feel sorry for him. Such is the toxic mix of the Republican platform that in order to make himself appear less plutocratic and to show his common touch he has to talk glowingly of his Romney care health reforms in Massachusetts, which is anathema to […]

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