Tag Archives: economy

The economy Trump inherits

“For a three-year stretch from 1983 to 1985 during the heart of the Reagan boom, growth in the U.S. economy averaged over 5.5% per year. These two periods were unusually strong, but they show what the U.S. economy can do with the right policies. By contrast, growth in the U.S. from 2007 through 2013 averaged 1% per year. Growth in the first half of 2014 was worse, averaging just 0.95%.”

Did we already collapse?

A couple of days ago, I posted about the convergence of economic bellwethers that pointed to economic collapse in the near future.I have more detail on the unemployment situation. Two of my go-to sources have indicated that the BLS report on employment last month are ‘problematic’. As you may be aware, the ‘headline’ unemployment figure […]

Greece melts down; the world starts to melt with it

the Eurozone might be short a star soon. Image from Reuters. As I type this, the results have come in and the Greek electorate has voted against the austerity measures demanded by the EU (primarily Germany) that would allow them to pay off the debt they owe. I’m thinking that maybe it would be a […]

Commemorate the CCC and WPA!

Wikipedia I write this on the morning that a recently-released Gallup poll revealed unemployment to be the number one concern of Americans, with almost three times as many people considering it to be a bigger problem than the deficit (23% versus 8%). For those joining us late, I’ve been posting about the subject of unemployment […]

Happy May Day!

May Day has arrived. If you’re in New York and you want to know what’s going on, there are worse places to look for information than here. I realize Huffington Post posted a eulogy for the Occupy Movement yesterday, and the movement obviously doesn’t have the energy it did a year ago at this time. […]