Looking Behind the Latest Jobs Report Numbers
by Bob Adelmann | 4:11 pm, November 4, 2012
As volatile and flimsy as the BLS numbers are, they cannot disguise an economy that is going nowhere, nor the trouble that Obama is in.
Preliminary GDP Report a Nasty October Surprise
by Bob Adelmann | 6:37 am, October 30, 2012
I didn’t mention that a lot of the GDP growth came from government spending. Gee, I wonder if that had anything to do with the election? Probably just a coincidence.
Printing Money Doesn’t Work in Britain Either
by Bob Adelmann | 5:17 am, February 8, 2012
Of course not! Why would anyone conclude that errors are geographical? Errors are errors and attempts to reinflate the British economy using the same hot air compressors that we use here aren’t going to work any better over there than they have here.
Keynesian Economists Finally Catch Up and Agree: China to Have Hard Landing
by Bob Adelmann | 5:31 am, January 25, 2012
It’s one thing to see the destruction and admit that it exists. It’s something else entirely to admit that it was their failed Keynesian policies that caused the destruction. To these boneheads, economics isn’t a science, it’s an ideology.
Not All Economic News is Bad News
by Bob Adelmann | 5:50 am, January 8, 2012
It’s good to have a reason to take a break and get away from all the bad news. Happily, there are places to go. This article looks at a few of them.
Irony Alert: Keynesian Economists Rip Obama for Failed Keynesian Policies
by Bob Adelmann | 5:05 am, January 5, 2012
The hypocrisy of this crowd is astonishing. They’re been promoting or supporting Keynesian policies for years, and when they don’t work, they blame the implementer!
Two-Tier Wage Pacts Bringing Jobs Back to Detroit
by Bob Adelmann | 5:55 am, December 9, 2011
The real news here isn’t that the two-tier pacts are working, but that there is a huge paradigm shift in how workers are going to be paid in the future. The real story is having the workers enjoy the success of the company, and not the success of their unions hammering the company for more benefits.
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