The Radford Free Press – Page 486 – All life is problem solving.

Economics / defense spending, deficits, Federal Budget, health care costs, mortgage interest rate relief, retirement, taxes /

Budget Clarity

June 16, 2009

The chatter about the budget gets more noisy. I understand the reasons why this has emerged as such a big issue: the economic landscape will, in large part, be shaped by the Federal Budget over the next few years. And we are now entering the post-crisis, or rather post triage, phase of the recession, so […]

Economics / Add new tag, business investment, capacity utilization, housing starts, industrial production, inflation, inventories, recession, unemployment /

Data, But No Information

June 16, 2009

Today has seen a flurry of normal data releases about the economy. There is news about housing, industrial production, business investment, and employment. With all this we should find it possible to discern whether all the hoopla about green shoots is justified. Unfortunately not. We have arrived at the point in the recession when the […]

Economics / bond markets, interest rates, recovery, savings, stimulus /

Depression Politics

June 15, 2009

Are we about to plunge into depression? We could. Very easily. If the policy makers get their way. Nothing could be more ludicrous or dangerous than easing up on stimulus right now. Yet the folks who run our economic policy, and their counterparts throughout the large economies, are openly discussing the ways in which they […]