Tag Archives: QE4

The Prelude to QE4

The U.S. economy officially exited the Great Recession in June 2009.  But the recovery hasn’t done much to lift the broad population’s lot in life.  Six years into it, and the economy trudges along like a jack donkey up a … Continue reading

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The Solution to Deflation

The stock market laid another egg yesterday.  We won’t dwell on it much.  Only enough to make the observation that change is in the air.  You can see it.  Feel it.  And even smell it.  Nonetheless, being prepared for it … Continue reading

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The United States Can’t Afford Prosperity

Earlier this week it was revealed that something remarkable and totally unexpected happened during the fourth quarter of 2012.  The economy didn’t grow.  It shrank. “Real gross domestic product – the output of goods and services produced by labor and … Continue reading

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Blowing Gas

Things sure do change.  Several years ago the personnel working the freeway off ramps in Long Beach, California, were immigrants from Mexico.  They were selling oranges and roses to working stiffs on the way home from their cubicle jobs. These … Continue reading

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