January 27, 2010 – 11:47 pm
The late economist John Maynard Keynes has been mentioned more than once in the news coverage of President Obama’s State of the Union speech.
For a little comic relief from all the analysis of Washington and our economy, here’s a fun video – OK, so maybe fun is in the eye of the beholder – let’s [...]
January 8, 2010 – 9:24 pm
Brian Wesbury, chief economist at First Trust Advisors, is seeing V’s everywhere. A strong recovery, he believes, is in full swing for the US economy. The stock market, of course, is up. His graphs all show a V-shaped ascent after the nosedive of 2008.
Yet people everywhere are still worried, intent on reliving the worst of the [...]
November 4, 2009 – 5:44 pm
You gotta love Global Positioning Systems – finding almost anything, guiding you through the streets, offering data to get you to your destination. And you don’t have to fold them back up, like the roadmaps people used in the old days.
I thought about roadmaps – and their GPS counterparts – as I was working on [...]
October 29, 2009 – 8:29 pm
I’m getting a mental picture: The confident commander-in-chief strides across the flight deck of the USS Economy and addresses the aircraft carrier’s crew as a MISSION ACCOMPLISHED banner flies overhead. “The recession is over!”
Well, maybe we should hold off on photo ops.
The good news on third-quarter GDP rising, breaking the recessionary streak, doesn’t mean we’re finished with [...]
The good news is chief financial officers at the world’s top companies are a tad more optimistic than last quarter about when recovery will kick in and start benefitting their businesses, according to the Duke University/CFO “Global Business Outlook Survey” reported in the magazine’s July-August 2009 issue.
The bad news is – well, let’s skip over the [...]
The cover of the latest Newsweek shouts “The Recession Is Over!” A balloon and an exclamation point add emphasis, although writer Daniel Gross layers on the qualifications – making it clear the economy, even if it is at a turning point, remains in turmoil.
For my money, it’s a little premature to celebrate. I’m skeptical of newsweekly [...]
