Tag Archives: jobs

The High Point of China’s Economic Boom

Sometime in the early 1980s, goes the popular lore, Chinese leader Deng Xiaoping looked out across the vast people’s communes and pronounced, “To get rich is glorious.” Suddenly, without hesitation, the people put down their rakes, walked off the farm … Continue reading

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To The Class of 2013

Today we depart from our usual cogitations to offer some remarks to the Class of 2013.  Though no trade school or remedial academy invited us to deliver this year’s commencement address, we won’t let that get in the way.  What … Continue reading

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Another All Time High

The Labor Department reported last Friday that 165,000 new jobs were added to the economy in April.  That’s nothing to write home about, you’d think.  But, nevertheless, the mainstream press got excited because it was ‘better than expected.’ On top … Continue reading

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Overloaded with Debt and No Jobs to Be Had

The Federal Open Market Committee met on Tuesday and Wednesday.  The masses waited with anticipation.  What did they talk about? Generally, they talked about price controls.  More exactly, they talked about controlling the price of the economy’s most important and … Continue reading

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