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

Weak Jobs Gain

November 4, 2011

There is not much to say about today’s unemployment and jobs reports. In way the data contains slightly contradictory stories. This is because there are two sources for the information we lump together in the report: the survey of business and the survey of households. The two sometimes diverge in their narrative. Perhaps now is […]

Economics / corporate profits, deregulation, regulation, taxes /

Business Taxes, Or the Lack Thereof

November 3, 2011

There is an alternative universe somewhere in which America’s biggest businesses actually pay taxes. I know, I know, I am being idealistic. Well some of them do, even here on earth – blessed be Monsanto! Last year anyway. But many don’t. Indeed many seem to be able to collect refunds of grotesque proportions. Ask most […]

Economics / construction, deficits, Federal Reserve Board, GDP, inflation, ISM Business Conditions Index, jobs, manufacturing, monetary policy, unemployment /

News not Greek

November 2, 2011

It is hard at the moment not to be mesmerized by the melt down of the Euro. One moment we are told a major position has been established. The next, what was impregnable crumbles to dust in the face of inexorable economic and financial logic. As I see it default is both inevitable and desirable. […]

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