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    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. […]

    Economics /

    Stagnation Abounds

    June 9, 2011

    Yes, I know. The latest spin being presented by those who led us into this malaise is that the recent spate of weak news is only a “transition”. Things, they tell us, are about to get going again. Perk up everyone, these doldrums are entirely in your mind. How seasonal. Bernanke and his ilk must […]

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