The Radford Free Press – Page 416 – All life is problem solving.

Economics / defense spending, deficits, entitlements, fiscal policy, health care, Medicare, Obama, Social Security /

The Freeze Part 2

January 26, 2010

No I haven’t changed the basic thrust of my opinion: the freeze still is rubbish. It covers a small part of the budget and so will garner very little by way of actual deficit reduction. At the same time it represents an abject capitulation by the White House to Republican arguments. At best it panders […]

Economics / Case Shiller Index, consumer confidence, home prices, real estate /

House Prices Drop, But Confidence Rises

January 26, 2010

This is a busy week for economic reports, so I need to make quick reference to today’s news, which was mixed. House prices, as measured by the Case-Shiller index, dropped by 0.2% in November and the October number was revised down to show a slight fall also. Obviously this is not very good news and […]

Economics / deficits, fiscal policy, GDP, Reagan, recession /

Spending Freeze – Say What?

January 26, 2010

I spent much of the time since I first heard about Obama’s proposed freeze on Federal discretionary spending trying to pretend I had misheard. After that failed to make the whole thing disappear, I began to wait for details that would reveal something that wasn’t a nightmare. No luck. This is just rotten economics.More to […]

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