Productivity Paradox
Posted in Main Blog (All Posts) on February 21st, 2011 5:37 am by HL
Productivity Paradox
U.S. GDP in March of 2008 was $14.546 Trillion and non farm employment was 137.841 million. Today, non-farm employment is 130.229 million and total GDP is $15.010 Trillion. So essentially we have $500 billion more output from almost 8 million…
After All This, US Will Veto UN Resolution Condemning Settlements
Anyone who thought that the United States has learned anything from the various revolutions upturning the Arab world has another think coming. We didn’t. On Thursday, as the Egyptian revolution was culminating with the collapse of the Mubarak regime, the…
The Obama Budget: And Why the Coming Debate Over Spending Cuts Has Nothing to Do With Reviving the Economy
President Obama has chosen to fight fire with gasoline. Republicans want America to believe the economy is still lousy because government is too big, and the way to revive the economy is to cut federal spending. Today (Sunday) Republican Speaker…