From Economists Forecast Subdued Growth in 2012 By Phil Izzo Forecasters surveyed by The Wall Street Journal expect the economy to grow at such a subdued pace this year that unemployment will barely budge. Asked about the risks to their outlook, 70% of the economists said they think their forecasts are more likely to be [...]
Archive of posts filed under the Economics category.
The Pyrite State is about to increase taxes . . .
. . . but things will still be worse for the state budget. From The New York Times: Shortfall in California’s Budget Swells to $16 Billion By Adam Nagourney | Published: May 12, 2012 LOS ANGELES — The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to [...]
It’s In The Numbers
Bristol Palin, whose blog I very highly recommend reading, is wise beyond her years. It has been rumored that she is shacking up with her current boyfriend. She has directly confronted and denied that salacious rumor. She has come out against shacking up before marriage and has used statistics to back up her position. In [...]
BO Wins West Virginia – Barely
The Tea Party, the Real Republicans, the RINO’s, Moderates and People in the Coal Districts of West By Gosh Virginia are all cheering the results of the WV Primary yesterday. BO almost and could have lost the Primary to A FEDERAL PRISONER IN TX. Now that is a near miracle and shows, along with the [...]
€urosclerosis: French and Greek voters reject austerity
From Greeks Punish Mainstream Parties By ALKMAN GRANITSAS, STELIOS BOURAS and MATINA STEVIS ATHENS—Greek voters Sunday delivered a stinging rejection of the country’s two incumbent parties—the Socialist, or Pasok, party and the conservative New Democracy party—and the austerity program they support, raising the specter of political instability that could ultimately challenge the country’s future in [...]
Running on President Obama’s record.
And what is President Obama’s record? No, he can’t. Hat tip to Donald Douglas. This is why President Obama wants to make this election about anything other than his own record, his own job performance. Oh, his apologists will make all of the standard excuses, that things were just so bad that he couldn’t have [...]
What the President is trying to paint
From The Washington Post Business section: Jobs report shows effects of the incredible shrinking U.S. labor force Updated: Friday, May 4, 6:59 PM If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11.1 percent. If the percentage was where it was when [...]
8.1%
Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full DJI chart at WikinvestFrom Jobs Data Point to Sluggishness By JEFFREY SPARSHOOT And JOSH MITCHELL WASHINGTON—U.S. job growth slowed again in April, a fresh sign that the economy could be settling into a sluggish spring. Nonfarm [...]
The Wall Street Journal
