Paul Krugman really doesn’t like the possibility that there is a structural shift in employment, because it weakens the argument for the massive Keynesian spending spree he’d like to see the government initiate. To that […]
Read moreThe Bureau of Labor Statistics released their Employment Situation report for January today. The household survey data indicate a fall in the unemployment rate, however, this appears to be as much due to updated population […]
Read moreThe recent GDP release for 2010 quarter 4 got me to thinking about consumption and investment. Consumption growth was very strong, especially considering the still high level of mortgage and revolving credit debt in the […]
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