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Tag Archives: government action
The Economic Shredding Machine
Like the U.S. Treasury, President Obama’s recent jobs proposal is bankrupt. Quite frankly, we weren’t counting on much. But that doesn’t mean we still weren’t disappointed by its burdensome emptiness. The most remarkable thing about the President’s latest jobs creation … Continue reading
Posted in MN Gordon, Politics
Tagged government action, government meddling, jobs, poverty
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More Public Spending Only Hastens the Demise
Kicking off Labor Day weekend last Friday was a report by the Labor Department that, on balance, the U.S. economy failed to create a single job in August. On the bright side, this also means not a single job was … Continue reading
Posted in MN Gordon, Politics
Tagged GDP, government action, labor department, stimulus
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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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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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