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    Economics / Case Shiller Index, consumer confidence, home prices, Obama, recovery, Romney /

    More Mixed Messages

    August 28, 2012

    Today’s report from Case-Shiller suggests the housing market is recovering. Finally. The latest figures are for June and show a second straight month of price gain. Clearly home prices have hit bottom and are bouncing back at least a bit. That ought to bolster the economy later in the year as households breath a sigh […]

    Commentary, Economics /

    The Nutty GOP Games Commence

    August 27, 2012

    Today’s leak of the Republican part election platform – the closest thing we ever get here to the manifestos published in the UK – is both revealing and far from shocking. At its core it is a radical right wing document that seeks to undo the American social contract in place since the 1930’s and […]

    Commentary, Economics /

    Back With A Whimper and Ryan Follies

    August 20, 2012

    Wow. I think it’s fair to say that the US economy is firmly adrift. If it’s possible, that is, to be adrift firmly. I have ignored the news for two weeks only to return and discover that nothing has changed. The same malaise. The same lack of leadership. The same problems. And the same intractable […]

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