Buried in these numbers, released Monday, is a dark and worrisome problem: BEA : News Release: Personal Income and Outlays, December 2008 Take your time to view the Personal Income [Current Dollars] line. You will see that personal incomes, unadjusted for inflation, have been declining during the last three months. Down 0.1% in October; 0.4% […]

It seems that everyone is now weighing in on the stimulus package. And with good reason. As it exists now the assortment of bits and pieces included in the plan represent a mixture of sensible immediately effective expenditure, along with what appears to be a wish list of projects that the Democrats in the House […]