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    Economics / banking, Bush, creditors, food prices, health care, inflation, jobs, stimulus, unemployment /

    Jobs and Food, and Policy Freeze Ups

    February 7, 2011

    I used to joke that the most important ingredient for a good economy was good weather. Add that to a growing population to supply an ever increasing workforce, and you are all set. Our recent spate of bad weather seems to confirm that. I wasn’t able to comment on Friday’s employment report, so I have […]

    Commentary, Economics /

    Tectonic Economics

    February 2, 2011

    Martin Wolf, in this morning’s FT [no link sorry] gets into something really interesting, and it relates to my comment yesterday, on the RWER blog,about the US being in decline. Since that is contentious I need to spend some time on it. Wolf’s point is that the recent crisis, to the extent that it now […]

    Economics / ADP Employment Report, jobs, unemployment /

    Payrolls Rise

    February 2, 2011

    Well they should. Today’s ADP report suggests that the US private sector added about 187,000 jobs in January. That’s the good news. The disappointment is that this is well down from the 247,000 added in December. Plus that December number was, itself, revised downwards from its original heady 297,000. So all in all, good but […]

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