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Tag Archives: jobs
Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, debt, frankenstein, janet yellen, jobs, labor department, monetizing debt
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Cal Worthington RIP
Today we continue our search for clarity in the muddy waters of economics. We want to know what will happen tomorrow…today. Moreover, we want to consider how to use our estimations of the future to our advantage. One way to … Continue reading
Posted in Economy, MN Gordon
Tagged cal worthington, consumer sentiment, interest rate, jobs, risk
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The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, federal reserve, jobs, labor department, mark twain, tapering
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Exercises in Futility
Something rather inconvenient is going on. Quite frankly, we don’t like it one bit. Despite all the assurances of robust economic recovery, the opposite appears to be happening. The economy isn’t climbing up. It’s slipping back. In fact, last week … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, bubble, federal reserve, GDP, jobs, S&P500
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