Posts Tagged ‘gdp’

More people out of work while imports surge

August 27th, 2010 | 1 Comment

While employment still failed to gain any traction, businesses increased their inventories and invested in infrastructure.  Usually when businesses invest heavily, you get employment.  This time however, it all came from overseas by way of imports, which surged 28%. The reason is simple, it’s so much cheaper to buy overseas than it is to try [...]

Ben Nelson’s incredible economic news

January 29th, 2010 | No Comments

Yesterday on Fox, Senator Ben Nelson of Florida said there would be some incredible news today.  And, at first glance, so long as it’s a very quick one, he’s right.  However, anyone who thinks will recognize that it’s a shallow victory. The main problem: You’ve got a lag between borrowing and spending.  That’s a given. [...]

$20 per gallon

August 3rd, 2009 | No Comments

 Apparently some guy named Chris Steiner wrote a book called $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better.  It’s gathering some chatter from peeps I enjoy and occasionally respect. Andrew Sullivan loved it: $20 a gallon is about the only thing that could unleash [...]

US spends the most of GDP on health care

April 9th, 2009 | No Comments

The CDC, that’s Centers for Disease Control, released a factoid today that some might find interesting:   Now, most people will blame this on obesity and/or smoking.  People are fat and smoke in a lot of these other countries as well.  I think the main difference is: I don’t think too many other cultures spend [...]

US Government should buy US made condoms

March 24th, 2009 | No Comments

This is just nuts, literally: In a move that will cost around 300 American jobs, the U.S. Agency for International Development (USAID), has decided to purchase condoms from foreign companies — in countries like South Korea and China — because they cost less than American-made prophylactics, the Star reported. The agency distributes billions of condoms [...]

Hoover Republicans?

March 10th, 2009 | No Comments

Newsbusters is having all kinds of fun with Rachel Maddow of MSNBC.  Here’s what Jack Coleman is having all kinds of fun with: Now, according to popular myth, and espoused whole-heartedly by Rachel Maddow, Hoover did nothing during the Great Depression.  He froze federal spending and simply watched The Great Depression dig the country deeper [...]

Still paying the price for the Clinton economic boom?

February 16th, 2009 | 2 Comments

They say numbers don’t lie.  However, numbers, in the context of time, can change in meaning.  We all remember the economic boom of the Clint0n years.  Everyone got real quiet while the numbers came in, and the money rolled freely.  Everything was exploding in value and no one really knew why, or cared that much [...]