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Tag Archives: GDP
Clever Ideas to Fix the Economy
Yesterday’s stock market didn’t seem to give a darn but last Friday a notable revision was made. An important economic mile marker was shifted down and to the right…realigning the economy onto the road to recession. According to the Commerce … Continue reading
Posted in MN Gordon, Politics
Tagged GDP, government action, government meddling, john maynard keynes, labor department
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Admit Defeat of the Social Utopia
Production is the End “The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor,” … Continue reading
Posted in Economy, MN Gordon
Tagged debt ceiling, GDP, government meddling, labor department
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Making Obese Debt Levels Possible
Make no bones about it…this economy sucks eggs. Just ask anyone who’s looking for a job and they’ll tell you, ‘no one’s hiring.’ Despite official decree from the National Bureau of Economic Research that the Great Recession ended in June … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, federal reserve, GDP, government action, QE2, treasuries
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Doomed from the Get Go
According to the National Bureau of Economic Research the Great Recession ended in June 2009. That means the U.S. economy has been in recovery for over two years. Perhaps, semantically, this is so. But just what type of recovery is … Continue reading