September 21, 2019

Tag - Economy

Good News for the New Year and Beyond

“Nattering nabobs of negativism,” is probably the most enduring of the many alliterative pronouncements of Spiro Agnew, Vice President in the Nixon administration until forced to resign because of corruption. This particular phrase, penned by Nixon...

Are Labor Markets In Great Shape?

Not really. The Federal Reserve Philadelphia Bank President, Patrick Harker, recently noted: “We’re looking at a labor market more or less at full health, with very little slack.” In looking at the 4.4 U3 Unemployment rate for April 2017, this would...

The Start of Something Big?

THE FEBRUARY LABOR REPORT FROM DEPARTMENT OF LABOR, BUREAU OF LABOR STATISTICS, JUST CAME OUT…GOOD NEWS In sifting through the EMPLOYMENT SITUATION – FEBRUARY 2017, several things pop out at you. First, you’ll notice that the Bureau of Labor...

May Labor Report: Cause for Concern

In the month of May 2016, the employment situation continued its spring swoon with 664,000 people leaving the labor force. Over the last two months, 1,226,000 people left the labor force. In the six months prior, from October 2015 through February...

Unhappy Days are Here Again

Not quite the same words that the old Roosevelt song read but the reality of today’s sad situation is that it took 8 years but the Obama administration will leave office with the nation in a severe recession after having spent trillions of dollars...

Economic Chaos is Coming

I have written countless articles on the poor operation of our government. We fail to address the pressing issues like our outdated and antiquated tax code, the fact that we operate without any form of a balanced budget, generate billions of dollars...

Jellin with Yellen

It is easy to criticize those who are supposed to be able to change economic behavior. Monetary policy making is no exception. Such authorities can and have made mistakes. But impotence in changing the economic behavior of a large economy is not the...

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