The Radford Free Press – Page 447 – All life is problem solving.

Economics / jobs, recovery, unemployment /

Unemployment – Still Stuck

October 8, 2009

Today’s report that the initial claims for unemployment insurance fell 33,000 last week to 521,000 is obviously good news. That’s the lowest level since January and brings the moving average down a little – by 9,000 – also. So there is a glimmer of hope that the worst of the unemployment build-up is behind us. […]

Economics / bailouts, Bush, deficits, federal deficits, GDP, Reagan, recession, recovery, regulation, stimulus, TARP, tax cuts /

Federal Deficit – The Ugly News

October 7, 2009

Just a quick note. The Congressional Budget Office published their estimate of the Federal deficit for the fiscal year just ended. The details are sparse, but the news is ugly. Given what we know so far the deficit will come in at around $1.4 trillion for fiscal year 2009. That’s awful. It represents an astounding […]

Economics / deficits, health care costs, health care reform /

Health Care Reform: The Savings Issue

October 7, 2009

Finally. The Congressional Budget Office has released its analysis of the current version of reform as it stands in the Senate. The verdict is good news for the reform camp: the Senate bill, the one put together by Senator Baucus, would save the Federal Deficit approximately $81 billion over the next decade. That effectively ends […]