The Radford Free Press – Page 268 – All life is problem solving.

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

Consumers: Grumpy, But Spending

October 14, 2011

At the tail end of another week dominated by the absurdities of politics – this week we were treated to yet another Republican jobs plan that appears to have no jobs in it – we hear that retail sales rose nicely in September despite the continuing pessimism and general grumpiness of American consumers. I have […]

Economics / bank reform, banking, consumer confidence, consumption, GDP, jobs, recovery, unemployment, wages /

The Outlook

October 11, 2011

I read today that Moody’s suggests a new recession has about a 40% chance of occurring in the foreseeable future. I think that’s a bit high. The problem we have at the moment is that our elite is doing everything in its power to diminish growth. Moody’s says that policies will chip about 1.7% off […]

Economics /

Meandering Along, Going Nowhere

October 11, 2011

Who knew that interesting times could be so dull? All the dangerous excitement of our great crisis and the exhilaration of erstwhile recovery has given way to an enervating nothingness. We are meandering along going nowhere. Deliberately. And that is both infuriating and frustrating. Because it need not be this way. The incompetence that flourishes […]

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