Category Archives: MN Gordon
Life After the Day of Reckoning
The 2011 fiscal year ended on September 30th and the beans of U.S. Government revenue and spending have been counted up. Total revenue for the year was $2.3 trillion. Total spending for the year was $3.6 trillion. The difference – … Continue reading
Let Them Fail
Good jobs are in high demand these days. Yet, unfortunately, they’re in limited supply. Gone are the days when any old hack could show up with a tie and a smile, shuffle papers around a cubicle, surf the internet all … Continue reading
A Telling Sign of Things to Come
The Labor Department reported last Friday that 103,000 jobs were added in September. Considering the lethargic state of the economy, this number could have been much worse. Nonetheless, a quick scratch below the surface reveals the headline jobs number wasn’t … Continue reading
Lurching Back into the Vicious Cycle of Recession
Last Friday the Commerce Department announced that private sector wages and government benefits both fell in August. The combination of these two undesirable data points resulted in the first monthly decline in overall personal income since October 2009. What this … Continue reading
