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    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 […]

    Economics / business investment, demand, durable goods, economic policy, GDP, government spending, growth, job creation, trade, unemployment /

    Here We Go A-Wallowing

    September 27, 2012

    This is what floundering looks like. Well, perhaps I am being a bit harsh. After all we had a couple of good reports earlier this week, and today’s news on new claims for unemployment assistance is fairly decent. But the final revision of second quarter GDP and the durable goods data confirm that the economy […]

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