Category Archives: MN Gordon
Committed to Mass Public Spending
Yesterday President Obama said a government shutdown “would throw a wrench into the gears of our economy.” Here at the Economic Prism we say, “Bring it on.” For a wrench caught in the gears is just what’s needed…especially if the … Continue reading
End Stimulus Now!
A dreary jobs market, stagnant GDP, declining household income, falling wages, workforce reduction, anemic production… You name it. The economy’s clunking down the road like an old Cutlass Supreme. No matter what fixes are made, the thing can’t seem to … Continue reading
Shattering the Debt Ceiling
It’s always exciting when money and politics mix. For example, on Friday billionaire investor Warren Buffett told students at Georgetown University it would be “pretty damn dumb” if Congress and President Obama don’t reach an agreement to raise the nation’s … Continue reading
Stock Market Shangri-La
The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading
