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    Economics / jobs, stimulus, unemployment /

    The Unemployment Rate Drops

    February 5, 2010

    Well it drops a little: from 10.0% to 9.7%. Today’s report from the Bureau of labor Statistics is chock full of information – 42 pages of it – and after having read through it I end up pretty much where I began. Here are the headlines: Obviously it is good news that the unemployment rate […]

    Economics / Bush, deficits, federal deficits, fiscal policy, GDP, Medicare, national debt, Reagan, Social Security /

    Was Reagan A Republican?

    February 4, 2010

    Michael Kinsley, in a fun article in Atlantic Monthly,says no. He bases this somewhat surprising finding on the recently discussed ‘principles’ that the Tea Party movement was urging on the GOP as a litmus test for future candidates. People were allowed to fail on two of the ten counts. Only those who passed would have […]

    Economics / consumption, GDP, jobs, recession, recovery, unemployment /

    Dear Me: Jobs Outlook Worsens?

    February 4, 2010

    Well now, this is not good news. For a couple of weeks I have been arguing we should not panic when the report on new claims for unemployment insurance showed a slight worsening. First it was because the statistics were messed up by reporting glitches at the state level – or so we were told. […]

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