Tag Archives: collapse
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
The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
The Joy of Going for Broke
One of the fabulous familiarities of living in a fading society is that not a day goes by where something utterly flabbergasting doesn’t occur. We don’t like it, of course. But who are we to stand in the way of … Continue reading
Salting the Earth with Money
Former Federal Reserve Chairman Alan Greenspan opened his mouth last Friday to caution on the perils of quantitative easing and artificially suppressed interest rates. Greenspan also cogitated upon how to put the worms back into the already opened can. What … Continue reading
