The Radford Free Press – Page 289 – All life is problem solving.

Economics / consumer confidence, fiscal policy, GDP, home prices, jobs, monetary policy, real incomes, recession, recovery, savings, stimulus, unemployment /

Historic Fog

June 15, 2011

Ugh. The numbers are just horrible. We have wandered off into the desert and will not return for years. Here’s why: Household debt is still way too high. It is well down from its peak of about 130% of disposable incomes, and is now “only” 115%. But that compares with an average of around 75% […]

Economics / fiscal policy, GDP, inflation, monetary policy, real estate, recovery, retail sales, stimulus /

Retail Sales Falter – Significant?

June 14, 2011

Today’s report on retail sales is one of those we all have to squint at in order to get a good understanding of its importance. On its face the news was not good: sales fell 0.2% in May. That was the first decline in eleven months and so it marks the end of a steady […]

Economics / Bush, deficits, fiscal policy, GDP, Obama, Pawlenty, Reagan, recession, recovery, Ryan, stimulus /

Election Dreamscapes

June 13, 2011

Scary but true: we are about to enter the next presidential election process. Yes the election is way off in the future, but the American electoral process is so cumbersome and expensive we have to get a good running start. Our bevy of candidates all have a lot of fund raising and jockeying to do. […]

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