Tag Archives

Archive of posts published in the tag: Economy

The Cost of Subsidized Failure

“A dynamic economy will always have booms and busts. But the story of the past twenty-five years is that Washington has created a financial system that cannot withstand the destructive part of creative destruction – necessary for free markets- without…

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Why Remain Skeptical on the Economy

Does the rising stock market and improving unemployment numbers support Obama’s economic solutions? It may appear so, but I remain skeptical for several reasons. The stock market is rebounding off of the low of a year ago, which was largely…

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Understanding the Meltdown

(this was published previously in the Macon Telegraph) Being in the middle of a record economic crisis presents a rare learning opportunity.  Several books are worthwhile for those seeking to understand what just happened. Too Big to Fail by Andrew…

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The Economy’s Ball and Chain

Team Obama has missed the reason for high unemployment and slow growth in spite of low interest rates and seemingly endless stimulus.  In the Wall Street Journal Gary Becker, Steven Davis and Kevin Murphy writes “Uncertainty and the Slow Recovery”.…

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Fabricating a Recovery

In  the American Metal  Market magazine Commercial Metals Company’s (CMC) metal fabrication division noted a drop in earnings to a $’17.3 million LOSS  in the most recent fiscal  quarter (three months ending Nov 30) from a profit of $66.6 million…

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Death by Assumption

a comment on my article at American Thinker : Then there is the “expert” assumption of academic economists who are fond of saying things like “assume a perfect economy.” A joke written in reply to this conceited habit a tale…

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The Zombie Economy

By preventing assets from reaching their market levels, the administration risks making the recession last longer than it should. The uncertainty in all of the radical bills proposed in the first year has businesses behaving like a deer in the…

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