The Radford Free Press – Page 337 – All life is problem solving.

Economics / consumption, creditors, deficits, fiscal policy, GDP, monetary policy, recovery, stimulus, tax cuts, unemployment /

Unemployment and Interest Rate Confusion: What Next?

December 9, 2010

If we ever needed evidence that economic forecasts can be confusing, the reaction to this week’s reported numbers is more than enough. One day the fact that lone term interest rates are rising is cited as a warning that the deficit is a major problem. The next those rates are rising because we have stimulated […]

Economics / business investment, federal deficits, fiscal policy, GDP, recovery, stimulus, tax cuts, wages /

The Tax Deal

December 7, 2010

We knew that there had to be some kind of deal on those Bush tax increases. Nobody wanted to be responsible for the planned tax hike going into effect, especially while the economy is still sluggish. So, despite all the silly posturing, a deal was always the most likely outcome. The question now becomes: is […]

Economics / corporate profits, recession, recovery, unemployment, wages /

Jobs, Stickiness, and Class Warfare?

December 6, 2010

I didn’t bother commenting on last Friday’s dismal jobs report because there was an outpouring of despair from others to which I felt I could not add. To read that the American economy posted a 39,000 gain in jobs, this far after the recovery began, leaves me feeling despondent. What makes matters worse is all […]