The Radford Free Press – Page 312 – All life is problem solving.

Economics / consumption, deficits, fiscal policy, GDP, home prices, household debt, inflation, jobs, Reagan, recession, recovery, unemployment, wages /

Debt Conundrum

March 30, 2011

What I am about to say is not novel, but nor is it trite: if the austerians – the word we now use to describe those who advocate cutting public spending and debt – really believe that a reduction in public spending can spur, without doubt, economic growth, then the gap opened up by that […]

Economics / Case Shiller Index, consumer confidence, consumption, GDP, home prices, real estate, recovery, unemployment, wages /

What Spring?

March 29, 2011

It’s a couple of years since Ben Bernanke used the springtime “green shoots” description of the economy. Since then we have had a few good quarters of warming weather, but we never arrived at a fully fledged summer. We seem, to extend the saying, stuck in perpetual springtime. The reason, I think, is clear. Average […]

Economics / business investment, consumption, corporate profits, Federal Reserve Board, fiscal policy, GDP, home prices, interest rates, inventories, monetary policy, real estate, recession, recovery /

Growth, But Not Enough

March 25, 2011

Solid is one of those words none of us wants to hear as a description of our abilities. Solid is not exciting. Solid is very middling. There is no va-va-voom in solid. But then again neither is it bad. No, solid is just dull. Very dull. Our economy is solid. Ugh. Today’s reports on GDP […]