Tag Archives: business cycle
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
Secrets of the September Swoon
Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy. Here at the Economic Prism we did nothing of the sort. Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading
Something Big is Coming
How things change. A year ago the Midwest and Mississippi Basin were suffering the worst drought since 1956. Corn stalks were rapidly going brown and corn prices were rapidly going up. The next food crisis was imminent. We even wrote … Continue reading
Where the Big Lessons will be Learned
Reading the headlines of this week’s data reports tells the story of a strong, robust economy. According to the Commerce Department announcement on Tuesday, single-family home “sales increased 2.1 percent to a seasonally adjusted annual rate of 476,000 units – … Continue reading