Congressional Budget Office Director Douglas Elmendorf published a post on his blog yesterday under the headline, Federal Debt and the Risk of a Financial Crisis. It began with the following two paragraphs and featured the catchy graphic shown below right: In fiscal crises in a number of countries around the world, investors have lost confidence [...]
CBO Says There’s No Way to Predict Fiscal Crisis
July 27th, 2010 · 2 Comments
Tags: · cbo, cbo director, CBO Says There's No Way to Predict Fiscal Crisis, congressional budget office, congressional budget office director, debt, douglas elmendorf, economics, federal debt, federal debt and the risk of financial crisis, finances, gross domestic product, investors' confidence, jonathan huntley, macroeconomics, mark levin, Tipping Point
Consumer Confidence Numbers Reflect Lack of Confidence in Obama Administration
June 29th, 2010 · No Comments
I just finished a 10-minute interview with Jeff Horwich, a reporter with American Public Media’s “Marketplace“, a program carried on more than 500 public radio stations across the country. Asked questions about the recently-released consumer confidence numbers and the relationship between those numbers being down and the news media’s reporting on the economy, I focused [...]
Tags: · american public media, consumer confidence, Consumer Confidence Numbers Reflect Lack of Confidence in Obama Administration, economics, Economy, Foreign Policy, gulf of mexico, Healthcare, horwich, Jeff Horwich, Mainstream News Media, marketplace, Media Bias, news media, Obama, obama administration, oil spill, public radio
Housing Numbers Paint Bleak Outlook for 2010
January 3rd, 2010 · 1 Comment
“This has been a phenomenal year for the economy,” wrote Jeff Harding in a Daily Capitalist post six days ago. “There have been major, fundamental changes that will affect our lives for many years to come. I don’t see these changes as a good thing for the short or long term.” Harding went on to [...]
Tags: · daily capitalist, deficit spending, deflation, economics, Economy, first american, first american core logic, Health Care, health care legislation, Healthcare, housing, housing inventory, housing market, Housing Numbers Paint Bleak Outlook for 2010, inflation, jeff harding, keynesian economics, macroeconomics, months' supply pending inventory detail, noisy room, pending inventory detail, the daily capitalist, visible v pending months' supply, visible vs pending inventory
University Professors Weigh in on Financial Crisis
September 26th, 2008 · No Comments
Finance and law experts from the University of Dayton used a news release today to share several comments on the crisis affecting the economy, homeowners, taxpayers and even the education of tomorrow’s financial analysts. Finding them to be worthwhile, I offer them for your review: 1. TAXPAYERS ARE NOT WELL REPRESENTED IN BAILOUT. “I oppose [...]
Tags: · bailout, banking institutions, bankruptcy, banks, business forecasting, corruption, david a. sauer, davis center, economic crisis, economic forecasting, economics, effective regulation, eric chaffee, fed, Federal Reserve, finance, finance expert, financial analysts, foreclosure, homeowners, it's our money, james durham, Judicial Review, lack of oversight, law, law expert, marc poitras, mortgages, paulson, richard stock, sub-prime mortgage market, taxpayers, tony caporale, treasury, ud's business research group, university of dayton
Contest Rewards Kids’ Pro-Union Thinking — Part 2
May 20th, 2008 · 4 Comments
Yesterday, I published a post, Contest Rewards Kids for Pro-Union Thinking, in which I offered details about an effort to expose elementary school children in Missouri to pro-union propaganda and reward them for practicing pro-union writing skills. Today, I offer a follow-up piece. My efforts yesterday included contacting both the publisher of Missouri Studies Weekly, [...]
Tags: · american legacy publishing, economics, indoctrination, iso 9000, just-in-time manufacturing, labor unions, labor-management relations, let's write, missouri studies weekly, north mountain publishing, pro-union, pro-union-propaganda, public schools, shoe factory, St. Louis, union, working conditions
Contest Rewards Kids for Pro-Union Thinking
May 19th, 2008 · 4 Comments
Leftist indoctrination starts early in the public schools. In this case, it surfaced in the form of information about a contest that rewards kids $5 for exercising their pro-union writing skills — in 150 words or less, that is. I came across contest details while perusing the once-weekly stack of papers my fourth-grader brought home [...]
Tags: · economics, indoctrination, iso 9000, just-in-time manufacturing, labor unions, labor-management relations, let's write, missouri studies weekly, pro-union, pro-union-propaganda, public schools, shoe factory, St. Louis, union, working conditions
Voting Advice Offered from Bar Stool Perch
February 4th, 2008 · 3 Comments
Below is a lesson in Bar Stool Economics which I encourage you to read and share with everyone you know, Democrat and Republican, prior to tomorrow’s Super Tuesday primaries: BAR STOOL ECONOMICS Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their [...]
Tags: · bar stool, bar stool economics, Barack, Barack Obama, Bush, bush tax cuts, Clinton, Democrat, dr. david kamerschen, drinks, economics, fair share, Hillary, Hillary Clinton, Huckabee, IRS, John McCain, lower taxes, McCain, Mike Huckabee, Mitt, Mitt Romney, Obama, poor, primaries, primary, Republican, Romney, super tuesday, super tuesday primaries, super tuesday primary, tax cuts, taxes, university of georgia, wealthy
