The Radford Free Press – Page 498 – All life is problem solving.

Economics / deficits, monetary policy, recovery, Social Security /

Social Security and Deficits: Bad Analysis

May 25, 2009

Sometimes you come across really silly commentary and allow it to slip by because it doesn’t seem worth the time to say anything. I must admit that has been a very frequent occurrence during the past few months. Especially so with respect to two favorite topics of the conservative politicians: Social Security and Federal Deficits. […]

Economics / auto industry, bankruptcy, Chrysler, GM /

Quick GM Update

May 22, 2009

Just a very short note on GM: rumors are now flying that the administration is set to push GM into bankruptcy at the end of next week. All the pieces are coming into place. The company has reached an agreement with the UAW to cut health care and other benefit costs dramatically. While some have […]

Economics / deficits, dollar, exports, interest rates /

The Dollar’s Decline

May 22, 2009

As if right on cue, given my comments yesterday about the US fiscal dilemma, the dollar has begun to take a beating in the currency markets. It is quite possible that this is the beginning of a long decline, lasting a few months, so it’s worth reflecting on the root causes of the decline. Two […]

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