Category Archives: Economy

Economic Recovery: Make it a Grande

Posted on December 2, 2010 | Leave a comment

An indication of economic health of America is…Starbucks.

As we feel that we can or can’t afford the luxury of massively overpriced coffee, we are able to judge the health of the economy.

And the how has Starbucks done?

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Brad and Britt Are Back At It

Posted on December 1, 2010 | 2 comments

The guys in Greensboro are back at it.

Today they’re discussing the tax situation as we get closer and closer to December 31st.  That’s the date, of course, that the “Bush Tax Cuts” are set to expire.

Everyone I know of agrees that we need to make permanent those cuts to folks making less than $250,000 a year.  The question is what to do with the folks making more than that.

The rich.

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Posted in Economics, Economy, Politics: National

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Depressing

Posted on November 22, 2010 | Leave a comment

This via TJIC:

Apparently 50% of Americans could not get their hands on $2000 to deal with an emergency in 30 days. This includes money they’re saved, or could borrow through a credit card, from another financial institution, or from friends or family. And it isn’t just poor people. IIRC 30% of people making between $100k and $125k couldn’t come up with two grand in a month.

Huh?

30% of people making between 100k and 125k couldn’t come up with 2 grand in 30 days for an emergency?

I don’t care WHAT color you are, red elephant or blue donkey.  The fact that America is that frackin’ broke is why we are in trouble.

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Posted in Economics, Economy, Raising Men

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99 Weeks Ending Soon

Posted on November 17, 2010 | 3 comments

The Recession hit.  And it hit hard.

And now that it’s over, many people, economists and politicians, are wondering when the jobs are going to come back.

Heck, look at the recent election for proof that current conditions are brutal.  Don’t think that the surviving Democrats aren’t mindful of where we are and where we’re going.

And the current dilemma?  Unemployment benefits are going to expire for many folks pretty soon.

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Posted in Economics, Economy, Politics: International, Politics: National

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Mandatory Fun: We Own Hundreds of Thousands of Foreclosed Homes

Posted on November 15, 2010 | Leave a comment

Look, owning a home is a good thing.  I think everyone should buy a home.

In the same way that I think everyone should pay off credit card bills every month.

In the same way that I think everyone should contribute to their retirement.

That is, I think that you should do all these things IF YOU CAN.

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Immigration and the Job Recovery

Posted on October 30, 2010 | Leave a comment

There is an interesting dynamic occurring as we come out of the recession.

And the lesson should be used to illustrate how we shape our economic policies going forward.

The story is the story of two recoveries:

1.  The recovery for native-born workers.

2.  The recovery for foreign-born workers.

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Posted in Economics, Economy, Immigration, Politics: National

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Unemployment? Management Positions on the Street

Posted on October 25, 2010 | 2 comments

Gallop has unemployment at 10.0% in October.  Further, they have underemployment at 18.4%.

While shopping the other day, I had to push a sandwich board out of my way.

This is what it said:

There are 4 distinct departments hiring for management positions.

If anyone claims that there are no jobs out there, they are ignoring jobs that they don’t want.

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Posted in Economy, Politics: National, Politics: North Carolina

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If You Can’t Find a Job — You Don’t Want One

Posted on October 11, 2010 | 2 comments

Everywhere I go I see “help wanted”.

You tell me you can’t find a job I call bullshit.

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Posted in Economics, Economy, Politics: National

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More ahem Unemployment

Posted on October 11, 2010 | Leave a comment

If you can’t find work, you ain’t lookin’!

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Those Damn Banks!

Posted on October 4, 2010 | Leave a comment

We’ve heard it before.  I’m sure we’ll hear it again.

Wall Street banks and their greed caused the Great Recession.  And what’s more, it’s those same banks, sitting on our money given to them via TARP, that are KEEPING us in recession because they won’t lend money!

Greedy bastards!

But is it true?

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Posted in Economics, Economy, Elections 2010, Politics: National

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