The Radford Free Press – Page 273 – All life is problem solving.

Economics / capitalism, corporate profits, democracy, Kaldor, Occupy Wall Street, Reagan, unemployment, wages /

Why Is It? Wages, Profits, and Civil Unrest

October 3, 2011

Why is it that when pressure builds to modify laws and regulations so that our national wealth can be spread a little more evenly it is called class warfare, but when those laws and regulations are abolished so that the wealthiest among us can exploit the rest of us more than in the past, it […]

Economics / business investment, consumer confidence, consumption, exports, GDP, government spending, imports, inventories, jobs, residential investment, stimulus, unemployment, wages /

Stagnation Watch: GDP, Jobs, And Confidence

September 29, 2011

We are almost at a point where we can all take a month or so off after which we would return to be met by economic reports eerily similar to those we left behind earlier. Nothing substantial is going on. Nothing. We are stuck in a malaise. Neither sinking nor rising with any consistency or […]

Economics / business investment, durable goods orders, GDP, inventories /

Mixed Capital Goods Spending

September 28, 2011

Just a brief note on today’s durable goods orders. They fell slightly – by 0.1% – in August, which suggests continued sluggish growth for the economy as a whole. The decline was driven, excuse the pun, by a 8.5% drop in motor vehicle purchases by business, and by a 5.7% decline in large defense goods. […]