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Tag Archives: consumer price index
The Recession of 2013?
Getting back to the straight and narrow can take a lot of time and effort. Especially after straying far off the beam without much care or sense. That seems to be what happened to the whole economy during the bubble … Continue reading
Posted in Economy, MN Gordon
Tagged consumer price index, food prices, GDP, jobs, recession
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How to Fix America’s Debt
Third quarter Gross Domestic Product increased at a 2 percent annual rate, reported the Commerce Department last Friday. That’s up from the second quarter’s 1.3 percent growth rate. But don’t get too excited… According to Lucia Mutikani at Reuters, the … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, consumer price index, debt, default, GDP
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What You Are Up Against
The Bureau of Labor Statistics reported last Friday that consumer prices increased 0.6 percent in August. Over the last 12 months, according to the BLS, consumer prices increased 1.7 percent. Nonetheless, if you’ve paid bills or bought anything lately you … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, government meddling, interest rate, retirement, treasuries
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Disgraceful and Insulting
New discoveries were made on the economic front last week. The Labor Department reported that 163,000 jobs were added in July. Yet even with the new jobs, the unemployment rate rose to 8.3 percent. “We’ve still got too many folks … Continue reading
Posted in Government Debt, MN Gordon
Tagged ben bernanke, consumer price index, debt, federal reserve, jobs, labor department
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