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    Economics / housing starts, inflation, jobs, real estate, recovery, unemployment /

    Word of The Week: Moribund?

    September 20, 2011

    Moribund. Work the word around in your mouth. Pronounce it carefully. Mull it over. Moribund. It’s the perfect word to describe so much of our economy. Take housing for example. Moribund is the perfect word to describe real estate right now. Yesterday we read the homebuilder’s report. This is a survey of developers and others […]

    Economics / GDP, inflation, jobs, Keynes, Obama, unemployment, wages /

    What A Depressing Week

    September 16, 2011

    I tried my hardest to hide from the flow of depressing news this week, but here I am on Friday feeling battered by it all. This was a week in which we had our worst suspicions confirmed. Yes, the American economy is now deeply divided into haves and have nots. Yes, the so-called recovery is […]

    Economics / fiscal policy, jobs, Obama, stimulus, unemployment /

    Obama’s Meaningless Speech

    September 9, 2011

    It has been well received. It had lots of nice things in it. It might have helped our unemployment problem. That’s it. It was a political speech designed to begin Obama’s re-election campaign. We have a year of this pointless stuff to come. Such is the total collapse of our political process that everything said, […]

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