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Housing: Keeps Up The Good Work

by on May 23, 2013

Today's report on the sale of newly constructed homes tells us that the real estate recovery continues unabated. Sales rose 2.3% in April to an [more…]

Deficit Jumble

by on May 22, 2013

I missed this earlier, but here's an interesting statement - part of an interview in early May given by John Boehner on Bloomberg TV:
"We [more…]

The State Of Economics: Krugman Is Wrong

by on May 16, 2013

Paul Krugman this morning hammers away at hedge fund managers who, by and large, are complaining about Fed monetary policy, and especially its so-called quantitative [more…]

Shrinking Deficit

by on May 15, 2013

We have been bombarded for the past few years by an endless stream of analyses, diatribes, and invectives about the horrors associated with the Federal [more…]

What Is US Federal Debt Worth?

by on May 14, 2013

Dean Baker raises a fun point albeit to disparage the much deserving Reinhart-Rogoff 90% analysis. His point is that there is a difference between the [more…]

A Picture Of History

by on May 13, 2013

There is no serious effort in Washington to deal with our so-called debt crisis. I would like to think this is because people realize we [more…]

The Deficit’s Too Small!

by on May 9, 2013

The entire conversation in and amongst our elite, whether be in Washington in big business or in the media, seems to be about the Federal [more…]

Health Care Price Bombshell

by on May 8, 2013

Well, now we know a little more. Or, perhaps, we just can confirm something we thought all along. Hospitals are very dangerous places for your [more…]

Seven Out Of Ten

by on May 6, 2013

Seven out of ten isn't a bad score. It isn't great either. It's a majority, but isn't totality.

What am I talking about?

I came [more…]

Do We Need Economists?

by on May 1, 2013

Not if you listen to Carmen Reinhart and Ken Rogoff (R-R) who continue to wallow in a controversy of their own making.

As you are aware [more…]