The Radford Free Press – Page 376 – All life is problem solving.

Economics / consumption, creditors, deficits, deflation, fiscal policy, GDP, inflation, interest rates, monetary policy, recession, recovery, stimulus /

Those Mystery Debt Issues

July 7, 2010

OK. Let me take another stab at this one. There is no debt problem. Now enjoy the summer. We are beset with folks arguing that nations running big budget deficits ‘need’ to cut spending in order to assuage the credit markets. I have tried to argue this is fallacious reasoning, yet the fear continues. Indeed, […]

Economics / bailouts, consumption, deficits, exports, health care, interest rates, real estate, recession, recovery, stimulus, unemployment /

Deficits and The Economy: Time To Get Worried?

July 2, 2010

The big question now has become: are we falling back into recession? Who knows? There is plenty of evidence mounting that the US economy is slipping back from its early recovery pace into a much lower, and therefore more risky, pace. The downward revision of first quarter GDP, from the original 3.1% to the more […]

Economics / bailouts, consumer confidence, consumption, deficits, interest rates, Ireland, Keynes, recovery /

Consumers Crash and Austerity Bites

June 29, 2010

These two topics are not directly related, but in the interests of brevity let me combine them into one comment. First consumer confidence: If you haven’t already seen today’s news, don’t look it’s awful. Consumer confidence, as measured by the Conference Board dropped sharply in June, all the way down to 52.9 from May’s revised […]