The Radford Free Press – Page 433 – All life is problem solving.

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 […]

Economics / banking, deficits, deflation, Federal Reserve Board, GDP, interest rates, jobs, monetary policy, unemployment /

Beware: The Hawks Attack

December 2, 2009

I understand if few of you know who Charles Plosser is. Most of you don’t even care. Maybe after you understand what he said in a speech yesterday you’ll pay attention. Plosser is the head of the Philadelphia Federal Reserve Bank. Mercifully he will not have a vote on the Fed’s monetary policy setting committee […]

Economics / recovery, stimulus, unemployment /

Stimulus Report Card

December 2, 2009

One of the frustrating aspects of our current economic position is that the debate surrounding appropriate policies is so fraught with ideological land mines. One of the bigger issues constantly being thrown up for discussion is the success or failure of the administration’s stimulus package. Right wingers, who oppose government intervention in the economy under […]

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