The Radford Free Press – Page 429 – All life is problem solving.

Economics / banking, deficits, home prices, inflation, jobs, recession, recovery, stimulus /

Son of Stimulus? And Bonus Bonanza

December 9, 2009

Some of you will find it odd that I link bonuses for bankers and Obama’s latest attempt at getting a jobs program organized, but in my mind the two are inseparable. After all the distorted short term incentives awarded to the folks in our big banks were a primary cause of the crisis, one effect […]

Economics / banking, Bernanke, Federal Reserve Board, financial system reform, Geithner, health care, recession, recovery, regulation, stimulus, Summers, unemployment /

Obama: A Year End Economic Report Card

December 7, 2009

This has all the appearance of a slow news week coming up. At least for the economy. On Thursday and Friday we will hear a little more about unemployment, consumer sentiment, and retail sales, but before then we will have nothing to do but watch the slow moving lunacy that is the health care ‘debate’. […]

Economics / jobs, recession, recovery, stimulus, unemployment /

Jobs: Christmas Comes Early?

December 4, 2009

I held off commenting on yesterday’s weekly unemployment report, even though it was a generally positive one, because today we were to find out about the monthly unemployment rate. Wise choice: the news was better than expected and, if continued, surely, marks a turning point. The national unemployment rate fell from last month’s high point […]