Monthly Archives: November 2011
Consumers Feel Better
Popular Economics Weekly Black Friday, or the day after Thanksgiving, was an eye-opener. Sales jumped 7 percent, a record, and Monday’s cyber-sales followed its lead. How can consumers be spending so much with incomes that aren’t rising as much? One … Continue reading
What Decline of Western Civilization?
Financial FAQs It’s hard to know whether Harvard Historian Niall Ferguson means what he says in his new book, “Civilization: The West and the Rest”; that the Western World’s 500 years of predominance are over, thanks to growing debt problems … Continue reading
Let’s Put Americans Back to Work
Financial FAQs It’s becoming evident that rather than political gridlock, such as the congressional supercommittee’s obsession with spending cuts, we need to worry about economic growth and jobs. And there are some very good ideas on how to do that, … Continue reading
Employment Report Means Holiday Cheers!
Popular Economics Weekly Not only were the employment numbers for the past 3 months much higher than originally estimated, but job openings are growing. All we need now is for consumers’ credit conditions to ease to bring back their confidence. … Continue reading
Dear Supercommittee: “It’s Consumer Spending, Stupid!”
Financial FAQs “With only about a month remaining before its recommendations are due, lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestled with cuts to defense, foreign aid and other programs on Wednesday”, said Bloomberg … Continue reading
