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Category Archives: Economy
Facing Down a Wrath of Biblical Proportions
An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing a preacher’s robe and making an esoteric hand gesture with his right hand. His face is grimacing like he’s passing a kidney stone. Continue reading
Posted in Economy, MN Gordon
Tagged biblical proportions, business cycle, collapse, interest rate, jerome powell
29 Comments
Why Labor Productivity Has Collapsed
Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading
Posted in Economy, MN Gordon
Tagged bureau of labor statistics, cpi, government meddling, interest rate, labor productivity
29 Comments
What Happens When Work Doesn’t Pay
Jobs data reported this week by the Bureau of Labor Statistics show that, as of the last business day of June, there are 10.7 million job openings. Hence, according to the numbers, there are many more available jobs than willing workers. Continue reading
Posted in Economy, MN Gordon
Tagged bureau of labor statistics, GDP, government meddling, janet yellen, jobs
17 Comments
How Central Planners Sow Seeds of Economic Ruin
U.S. money printers have recklessly sown dollars in fruitless places over the last 50-years. They’ve squandered opportunities for greater economic growth by sprinkling debt based money into fields with little to no potential for productivity. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, collapse, government meddling, parable of the sower, taxes
24 Comments
