The Radford Free Press – Page 381 – All life is problem solving.

Economics / Consumer Price Index, deficits, deflation, inflation, monetary policy, recovery, stimulus /

Deflation Risk?

May 19, 2010

Let’s not get too carried away with today’s consumer price report – the CPI fell 0.1% in April – but perhaps we should be more alert. Clearly the US economy is undergoing massive “disinflation”. The annual rate of inflation for the past twelve months was just 0.9%, the lowest since 1966. Prices fell across the […]

Economics / construction, housing pemits, housing starts, real estate, recovery /

Odd Housing Report

May 18, 2010

If you simply read the headlines you would come away with a distorted view of today’s housing reports from the government. The Financial Times typifies the way in which the good news gets plastered all over the place, and the bad/worse news is buried for only the diligent to locate. The headline reads: “US homebuilding […]

Economics / jobs, recovery, unemployment /

Jobs

May 17, 2010

It just occurred to me, and forgive me if you already realize this, but: at the present rate of job creation, we will, in two months, have added more jobs to the economy than we did in the entire Bush administration. All eight years of it. I know it’s a very low bar to hurdle […]

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