The Radford Free Press – Page 479 – All life is problem solving.

Economics / deficits, deflation, recession, recovery, stimulus, unemployment /

More Stimulus … Now!

July 3, 2009

Having reflected on this week’s ‘not so good’ jobs data I can come to only one conclusion: we need, as a matter of urgency, to push through a second stimulus package. Those of us who thought that the original package was far too small and poorly constructed are on the verge of being vindicated. And […]

Economics / recession, recovery, stimulus, unemployment /

Unemployment: Uglier Than Expected

July 2, 2009

Considering that most analysts were expecting a figure of around 325,000 jobs lost in June,today’s report that the economy shed 467,000 comes as a nasty shock. What makes it worse is that the losses were spread across all industries so we cannot blame a specific event like the GM bankruptcy. This data shows jobs are […]

Economics / consumption, recession, recovery, stimulus, unemployment /

Unemployment: The Key to Our Future

July 1, 2009

This morning’s release of the monthly ADP Employment Report adds some fuel to the green shoots argument. The story is the same as that we’ve been following for a couple of months now: things are getting worse less slowly. I suppose that means things are getting better in a perverse kind of way. According to […]

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