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Category Archives: Economy
Something to Cheer About
This year’s on target to be a banner year for jobs growth. With a month still left, total payrolls have already increased by 2.65 million. An upsurge like this hasn’t been notched since the twilight of the last millennium. The … Continue reading
Here Comes the Flood
The United States’ economy is flying high. In fact, when compared to Japan and Europe, the state of the union is strong and prosperous. What’s more, it’s only getting better. The unemployment rate continues its slow soft slide downward. It … Continue reading
Posted in Economy, MN Gordon
Tagged easter island, foreign inflows, manias, overseas investors, panics
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How to Kill a City Financially
There are pleasant hamlets where the radiant warmth of sunshine smiles down and sprinkles daily blessings and abundance. There are other places where the sun no longer shines. Remnants of past jollies cast shadows of decay. Sources of prosperity have … Continue reading
Posted in Economy, MN Gordon
Tagged anthracite coal, bankruptcy, knox mine disaster, scranton, taxes
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Consumers Don’t Stand a Chance
Most economists don’t do any favors for the esteem of their trade. They take ideas a third grader would know are idiotic and champion them with bluster and bravado. Hardly a day goes by where some economist doesn’t prove he’s … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, collapse, consumer, spending, stimulus
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