The Radford Free Press – Page 271 – All life is problem solving.

Economics / Federal Reserve Board, real estate, recovery, unemployment /

Stutter Applause?

October 19, 2011

Since when did we all get excited over mediocrity? I have been suffering from all sorts of technology problems this week and so have been more an observer than a commenter on latest trends. I have learned that it is quite possible to drop out of the daily grind of data and not miss anything. […]

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 […]

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