You have already seen the numbers, weekly uninsurance claims increased by 25,000 to 429,000 according to the DOL. Increasing claims over the past couple of weeks have pushed the 4-week moving average back over 400,000. The economy is doing a poor job of treading water. So, let’s take a look at what might well be [...]
Archive for April, 2011
This is making the rounds today, so in case you haven’t stumbled across it yet here is Keynes V. Hayek round two. It’s a lot of fun. I especially like the Bernanke look alike and the scenes of the bankers gambling.
In no particular order, here are a few things I stumbled across in the past week or so. Arnold Kling has a fable about producing and consuming loaves of bread. It will only take you a couple of minutes to read it but you will think about it for a longer time. John Hempton writes: [...]
I’ll be doing a bit or work on this little blog in the next week or so. If you encounter any issues, let me know. On another note, if you read these ramblings via feeds think about visiting the blog from time to time. I don’t make any money to speak of off of this [...]
The reach of the Washington bureaucracy is apparently without limits. Presumably cooler heads will prevail but the National Labor Relations Board has taken steps that might render useless Boeing’s investment of $2 billion in its South Carolina plant which is intended to manufacture the new 787 Dreamliner. From the WSJ: In 2009 Boeing announced plans [...]
This perhaps demonstrates just how big a mountain the Republicans have to climb with their deficit reduction budget: While I give Ryan and his compatriots high marks for sparking the current debate, I felt from the beginning that they missed the boat on a couple of things. One is an unrealistic assumption about the eventual [...]
Writing on the myth that tax increases on the rich are capable of solely solving our deficit issues, David Schuler raises one of those uncomfortable questions: If the class warriors were really serious, we’d be hearing more about taxing wealth (did you know that France has a wealth tax?) rather than taxing income. Funny how [...]