A bit more on unemployment. This graph from Jake at EconomPicData.com is a fine example of the consequences of high unemployment (click for larger image). IMO just one more argument in favor of attacking the deficit. Hoping that we can get more workers employed in order to bend this curve back down is a fools [...]
For whatever reason, lots of financial writers seem intent on insisting that the manufacturing sector in this country is humming along and we should take that as a sign that better days are just ahead. Unfortunately, the data indicates another reality altogether. Mike Mandel has been pointing out for sometime that the supposed recovery in [...]
Obviously, I’ve been away for awhile. Actually not physically, I just felt like a long overdue break fro blogging was warranted. I don’t know if it’s going to result in any better content quality but I sure enjoyed the chance to just sit back, read a bit and reflect. So, with that explanation, let me [...]
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