The Radford Free Press – Page 316 – All life is problem solving.

Economics / consumption, deficits, exports, GDP, imports, inventories, jobs, recovery, stimulus /

Jobs and Trade: News, But Not New

March 10, 2011

Neither the trade deficit news, nor the report on new claims for unemployment assistance should surprise us. They shouldn’t upset us too much either. The trade deficit widened 15.1% in January, the latest month for which we have data. The gap between imports and exports rose to a near record $46.3 billion, up from $40.3 […]

Economics / business investment, consumption, GDP, interest rates, Investment, recovery, stimulus /

Investment Versus Consumption

March 9, 2011

Casey Mulligan has emerged from his eerie to tell us that the emphasis on consumption, and especially the emphasis by Keynesian economists on consumption, is just missing the boat. The real issue is investment. If only we would encourage investment the economy would roar back to life; jobs would be abundant; and your lilacs would […]

Economics / deficits, Federal Debt, health care, interest rates, US government bonds /

Debt Panic Watch

March 8, 2011

I am busy today, so I have no time to write at length. Please dampen the applause. But. How can I pass this by? For all you debt panic types: today’s auction of US Treasury bonds went off without a hitch. Those cagey be-all and know-all types in those cut throat credit markets, you know, […]

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