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Tag Archives: jobs
A Telling Sign of Things to Come
The Labor Department reported last Friday that 103,000 jobs were added in September. Considering the lethargic state of the economy, this number could have been much worse. Nonetheless, a quick scratch below the surface reveals the headline jobs number wasn’t … Continue reading
Posted in MN Gordon, Politics
Tagged bubble, business cycle, collapse, default, GDP, jobs, labor department
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The Way Out of Our Economic Mess
Something big is going on. You can just feel it. Unfortunately, the world’s two biggest clowns are on the case. On Monday, in between Wall Street’s 33 percent markdown of American Airlines’ stock, President Obama took a moment to markdown … Continue reading
Posted in Economy, Terry Coxon
Tagged ben bernanke, default, federal reserve, government action, jobs, retirement
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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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When the Voters Get Whacked Again
Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, collapse, DOW, government meddling, jobs, monetizing debt
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