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    Economics / jobs, recession, recovery, unemployment /

    Unemployment: Improvement?

    November 10, 2010

    Is there light at the end of the tunnel? Possibly. Today’s release of last week’s data on new claims for unemployment assistance shows a glimmer of hope, with claims dropping quite sharply to 435,000. That’s a decline of 24,000. The good news is that this drop brings the four week moving average down to 446,500, […]

    Economics / monetary policy, quantitative easing /

    Sarah Palin Knocks QE2

    November 8, 2010

    Did I just agree with Sarah Palin? If so shoot me. Or did she just agree with me? In which case shoot her! Either way, her comment that QE2 may not work is unusual territory for her to step into. And even worse: she may be right. Ugh. I need to join my friend Stephan […]

    Economics / deflation, fiscal policy, gold standard, inflation, quantitative easing, stimulus /

    Silly Season Is Upon Us

    November 8, 2010

    Fresh from my rant about Ireland and its debt, I find myself confronted with another dumb idea. The World Bank chief, Bob Zoellick has made a speech arguing that we should consider a return to a gold standard or something like one. No. That’s dumb. Really, really dumb. The US is in the midst of […]

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