I find it unnerving to watch Washington wrangle over legislation at the best of times. While I understand the essential nature of politics and the compromises that need to be made to build sufficient votes to pass a law, the debate over the stimulus package is a shameful and potentially disastrous shambles. Anyone with any […]

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% […]