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Tag Archives: jobs
Whirlwind Economics
Things may be looking up for the unemployed working stiff. After years of competing for scarce jobs with stagnant wages something extraordinary may be happening. If you can believe it, opportunity has finally come for the unemployed. According to the … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, currency, debt, jobs, labor department, treasuries, unemployed
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Minimum Wage, Maximum Stupidity
Minimum Wage, Maximum Stupidity By Doug French, Contributing Editor The minimum wage should be the easiest issue to understand for the economically savvy. If the government arbitrarily sets a floor for wages above that set by the market, jobs will … Continue reading
Posted in Doug French, Economy
Tagged congressional budget office, jobs, minimum wage, ron unz, unemployment
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Slip Back Economics
What’s this? Has the U.S. consumer, the primary engine of economic growth, become ambivalent? This is what the latest data says… According to the Thomas Reuters/University of Michigan’s early July index reading, consumer sentiment is 81.3. This is below the … Continue reading
Posted in Economy, MN Gordon
Tagged consumer sentiment, GDP, jobs, john maynard keynes, QE3
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Economic Blasphemy
Last week the Bureau of Economic Analysis made a revision. You may have heard about it. According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading