The Radford Free Press – Page 399 – All life is problem solving.

Economics / consumer confidence, consumption, corporate profits, Federal Reserve Board, GDI, GDP, jobs, recovery, wages /

Worse Than It Looks? GDP Versus GDI

March 17, 2010

With the health care vote pending and dominating the discussion I thought I would spend a little time examining why the economy feels a lot worse than the GDP numbers indicate. Anecdotal evidence and the official statistics seem to be at odds. Then there’s the small matter of an unemployment level apparently immoveable by growth. […]

Economics / bailouts, bank reform, bank regulation, banking, bankruptcy, Citibank, Federal Reserve Board, Goldman Sachs, Senator Dodd /

Bank Reform

March 16, 2010

Well here we go. Lest you have forgotten, we had a bank crisis a while back and such was its ferocity that the economy stalled and approximately 8.5 million of our fellow citizens lost their jobs, while millions of others lost homes. So much for the little details. Now let’s get on with the grown […]

Economics / Federal Reserve Board, Janet Yellen /

Yellen To Washington

March 12, 2010

Just a very brief comment: I like the appointment of Janet Yellen to replace the retiring Don Kohn as Vice Chairman of the Fed. She is a well respected economist, a veteran of Washington, she has managed the San Fransisco fed to a position of policy and analytical prominence, and she is a voice of […]