The Radford Free Press – Page 269 – All life is problem solving.

Economics / consumer confidence, credit default swaps, Euro, Fitch, GDP, household debt, personal incomes, recovery, retail sales, savings /

Weekend Round Up

October 28, 2011

It’s been a busy week. Particularly for sundry European leaders. Here’s a few suggestions for your consideration over the weekend. Are stock markets really that stupid? The extraordinary jump in the world’s various bourses at first sight of the Euro “solution” was out of proportion to the likely success of said solution. Actually it isn’t […]

Economics / consumption, deficits, exports, GDP, health care, imports, inventories, retail sales, stimulus, unemployment, wages /

The Economy Grows! So What?

October 27, 2011

The enormous sigh of relief we heard this morning when the GDP figures for the third quarter were released is absurd. I realize I am being a tad curmudgeonly here, but: so what? For the record this is the first, or “advance”, estimate and will go through two revisions before becoming final. Even after that […]

Commentary / defense spending, deficits, Eisenhower, Federal Budget, fiscal policy /

Eisenhower’s Nightmare

October 26, 2011

As Europe stumbles through its crisis unable to lead and unwilling to be led, we should not snicker at its constant postponement of critical decisions. We in America are deft at postponement too. At this very moment we have a committee sitting behind closed doors trying to come up with a list of budget cuts […]