Tag Archives: saving

Dependent Upon A Bankrupt System

Ralph Waldo Emerson, in the mid-19th century, observed that “Society is always taken by surprise at any new example of common sense.”  Perhaps Emerson meant that common sense is rather uncommon.  What’s more, if common sense was uncommon in Emerson’s … Continue reading

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Committed to Mass Public Spending

Yesterday President Obama said a government shutdown “would throw a wrench into the gears of our economy.”  Here at the Economic Prism we say, “Bring it on.”  For a wrench caught in the gears is just what’s needed…especially if the … Continue reading

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Death of the Consumer and Other Miracles

Something peculiar is going on.  One data point says the economy’s improving.  Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go.  For example, according to data released Tuesday, manufacturing and construction spending … Continue reading

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Secrets of the September Swoon

Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy.  Here at the Economic Prism we did nothing of the sort.  Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading

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