The Radford Free Press – Page 256 – All life is problem solving.

Economics / economic theory, Economics, Obama, Romney /

Captain America?

January 18, 2012

The Economist’s astonishingly tone deaf editorial on Mitt Romney – “America’s next CEO?” – is partisan, wong-headed, and naive. The very title gives away the fundamental error: America does not need a CEO. The popular notion that business experience somehow makes for a more productive president is horribly misguided and displays a misunderstanding of politics […]

Economics / consumer confidence, consumption, GDP, inflation, jobs, retail sales, unemployment, wages /

One Step Backwards

January 12, 2012

Having been sidelined this week by minor surgery – very minor but annoying nonetheless – I have been able to take stock of our recent economic numbers. Unfortunately a more leisurely review doesn’t help too much. I have emerged more skeptical than ever.jkn At one point earlier in the week I was contemplating writing about […]

Economics / jobs, Obama, Reagan, recovery, unemployment /

Hiring On The Rise? Part 2

January 6, 2012

I am not sure that today’s government report on employment settled much. The addition of 200,000 jobs in December, and the decline in unemployment to 8.5%, are both noteworthy, but are hardly the stuff of legends. This is probably why the stock market yawned at the news. Yes, that’s much better than it could have […]

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