My Two Cents
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From This Collection
More bad employment news
Feb 9, 2009
The Conference Board came out with this press release this morning:...
Longer term unemployment
Feb 6, 2009
It's getting harder and harder to get a job. This chart from the BLS is the number of unemployed 27 weeks or more.
An economic catastrophe
Feb 6, 2009
The employment number with a 7.6% unemplouyment rate and a plunge of 598,000 in payrolls is even worse than it appears. For one thing, the broadest...
Some thoughts from Bud
Feb 3, 2009
Henry "Bud" Hebeler runs the www.analyzenow.com website. He sent me an article he just wrote on Generic Investment Advice. Here's how I've...
Where the health care dollar goes
Jan 30, 2009
The consulting firm McKinsey has a useful chart on health care spending.
An important reminder
Jan 30, 2009
Brad Delong, the economist and blogger at the University of California, Berkeley, has written a wonderful, brief piece on wealth, living standards,...
For public good, not for profit.
The GDP report: Cold comfort
Jan 30, 2009
The headlines are saying the 3.8% decline in gross domestic product for the last quarter of last year isn't as bad as feared. That's cold comfort....
Adjusting expectations
Jan 28, 2009
One way of looking at what is happening to the eocnomy is that people are adjusting their expectations, and that takes time....
Income inequality and mobility
Jan 26, 2009
The Federal Reserve Bank of Boston has created an interactive set of charts on Income inequality and mobility, 1994 to 2004. I just started to play...