economy
Newt Gingrich has joined his sudden kindred spirit Ron Paul in saying that he believes there should be some kind of exploratory committee “to look at the concept of how do we get back to hard money.” In a discussion Tuesday at a foreign policy forum in South Carolina, Gingrich said as president he would [...]
The transcripts for the Federal Reserve’s 2006 meetings were released this week, and with them comes the news that the people in charge thought that the housing crisis was pretty hilarious at the time, and that the biggest problem facing the economy was inflation. That is to say, that the economy was growing too damn [...]
Faced with attacks from the left, right, leftish, righter and center forward, Mitt Romney has spent his days in South Carolina focusing on trying to make people forget about Bain by talking about it constantly. After Sarah Palin and the rest of the world called out Romney, or at least called on him to get [...]
Spying the young people hanging out chez Paul, Huntsman and even Romney, Gingrich and formerly Santorum in New Hampshire, you would think that they were slightly revved up about 2012. But New Hampshire’s young people also happen to have the most student debt, on average, of all the states. Many of these young folk are [...]
After Mitt Romney’s on-the-defensive appearance in Sunday morning’s MSNBC/Facebook debate, the frontrunner showed up at the Nashua Chamber of Commerce in Nashua, NH Monday to give an address in which he admitted that he “likes being able to fire people who provide services to me.” The context was health care: Romney evidently thought that the [...]
Wow, things out there are really bleak. Just how dismal is the economy? According to some poll CNN has apparently been conducting since 1997, most people in this country are pretty sure that everything is terrible, nothing will ever get better, and America is doomed to forever be varying degrees of “poor.” In all, 59 [...]
Here is your weekly economic forecast: John Boehner has been really constipated lately, so please stop asking when he’ll squeeze all of those new jobs out of his anus. Besides, only nerds care about job growth. What’s important is how the public perceives our failing economy. And “24% say they are hearing mostly bad news [...]
Here is an interesting article about fat, old, fat old people and the brave new world of Scooter Law. “We’re going to see more and more people riding around in scooters and wheelchairs,” said Mike Moran, the executive editor of a leading home medical equipment trade publication, “because we’re going to see more and more [...]
With the news out today that the nation’s unemployment rate has hit its highest point in months, it was obviously the perfect occasion for the Obama administration to get out in the media and brag about how well they’re doing. Thus, Austan Goolsbee, chair of the Council of Economic Advisers, sat down with John Harwood [...]
Hark! What’s that sound on the rooftop? Could it be sleigh bells? No, it’s the nation’s unemployment rate, here to bring us holiday cheer! The festive unemployment rate has received its “Christmas bonus” — increasing in November to 9.8%, a seven-month high — while only 39,000 new jobs were created. And most of those jobs [...]
If there’s one thing Republicans love, it’s diversity: diversity of ways to obstruct legislation. A letter was sent to Harry Reid this morning and signed by all 42 Senate Republicans letting him know that he won’t be able to pass any legislation until he lets them extend the Bush tax cuts for really rich people. [...]
Americans have no idea what they want, having given their nation’s leaders no clear mandate for what to do the next few years. So Republicans, as always, will be around to tell Americans what they want. John Boehner and Mitch McConnell are meeting with Barack Obama today to tell him this, and they also put [...]
Barack Obama met with other Muslim world leaders in South Korea for the infamous G-20 economic summit, which is sort of like Bohemian Grove except Alex Jones is actually invited. (Who else is going to negotiate favorable Prison Planet DVD exchange rates?) Usually these economic summits are “trade this” and “currency that” and “blah blah [...]
