The Radford Free Press – Page 432 – All life is problem solving.

Economics / bond markets, deficits, interest rates, recession, recovery, regulation, stimulus, unemployment /

Are We That Dumb?

November 24, 2009

Apparently. The growing consensus in the media and commentariat is that a recovery has begun, that the economy is therefore OK, and so we need to shift our attention to setting the stage for tightening both fiscal and monetary policy. And this tightening had better come soon since there is a tsunami of problems ready […]

Economics, Politics / consumption, exports, GDP, government spending, imports, inventories, non-residential investment, residential investment, stimulus /

GDP: When Is Growth Not A Recovery?

November 24, 2009

Today’s revised GDP numbers for the Third Quarter are disappointing. You may recall that the original estimate last month was that we saw the economy grow about 3.5% in those three months. As better data has been accumulated, that growth is now estimated to have been smaller, at 2.8%. While any growth is good, especially […]

Economics / deficits, fiscal policy, GDP, jobs, Reagan, recession, recovery, stimulus /

More Debt Hysteria

November 23, 2009

I have often wondered how easy it would be to write a completely silly article and still get it published. Now I know. Emund Andrews did it this morning. You can read his foolery on the front page of the New York Times. Yet more debt hysteria I am afraid. This is getting a little […]