The Radford Free Press – Page 359 – All life is problem solving.

Economics / consumption, deficits, Federal Reserve Board, fiscal policy, interest rates, jobs, monetary policy, recovery, stimulus, unemployment /

Weak Jobs News, So Where’s The Stimulus?

October 6, 2010

The payroll processing company ADP released its regular report on payroll growth today. The news was not good. The private sector payrolls covered by ADP shed 39,000 jobs in September. Anyway you cut it this is a weak performance. The consensus amongst Wall Street analysts had been an expectation of poor growth, by about 20,000, […]

Economics / health care, jobs, unemployment, wages /

Health Care Revisited

October 6, 2010

It seems a very long time ago that I last commented on health care reform. I felt I had exhausted the topic and so I have let it rest. But today’s nice article by David Leonhardt in the New York Times reminds me that reform rumbles on, and is having a number of odd consequences. […]

Economics / auto industry, bailouts, Bernanke, consumption, corporate profits, deficits, fiscal policy, GM, productivity, recession, recovery, stimulus, wages /

Supply Or Demand: Where’s The Problem?

October 5, 2010

We are all familiar with those old supply and demand curves so beloved of economists. Ever since Alfred Marshall introduced them to the world, economists have deployed them to illustrate and to help solve every problem imaginable. Yet the current crisis has opened up a chasm between the two. There are some who believe our […]