I don’t care how many letters they sent Morning came and morning went. Pick up your money, and pack up your tent You ain’t goin’ nowhere – Bob Dylan It was bad. It was so bad that the Obama campaign staffers over at Business Insider.com had no choice but to report it in and honest and forthright manner. The it in question involved the ADP | Read More »
There is nobody in this country who got rich on his own. Nobody. You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire | Read More »
James MacDonald of ForeignPolicy.com describes the current Seldon Crisis occurring in Western economies as the end of a seven decade experiment. This is described by Walter Russell Mead as The Blue Social Model. He talks us through its particulars below. Graduate from high school and you were pretty much guaranteed lifetime employment in a job that gave you a comfortable lower middle class lifestyle; graduate | Read More »
James MacDonald of ForeignPolicy.com describes the current Seldon Crisis occurring in Western economies as the end of a seven decade experiment. This seven decade experiment is described by Walter Russell Mead as The Blue Social Model. He talks us through its particulars below. Graduate from high school and you were pretty much guaranteed lifetime employment in a job that gave you a comfortable lower middle | Read More »
Back in the late 1980’s, if you hated Ronald Reagan and George Bush, you just loved Japan Inc. They were taking over the world. They were the future. They were !!TOTALLY OVERSHADOWING!! the fall of The Berlin Wall and of Soviet Communism. Japan Inc. was the stalking horse for all Anti-American pom-pom wavers from academia to the activist left. Today, they’ve found a new un-America | Read More »
Tighten your shoes, America. It is a long walk home. Poster iamkeithhernandez. (HT: Business Insider.com) On 20 SEP 2010, it was quite the jolly sales call at the Ministry of Economic Propaganda known as CNBC. None other than President Barack Obama was there to tell us how grateful we should be for not being dead after Recovery Summer. CNBC had vetted the audience in advance | Read More »
Christine Romer is no longer advising Barack Obama on the economy. That’s OK, President Obama is now well-versed in the job of POTUS. He can give the economy an overly violent hernia check all on his own. He doesn’t need no stinkin’ economist. If this morning’s job report is an accurate barometer of future trajectory, we won’t need them much longer either. Bartering is nowhere | Read More »
Americans are depressed about their current economic fortunes and in many cases their personal finances. In the case of some individuals who have invested/gambled more than they could afford to lose on real estate investments, the mordant pessimism may accurately reflect reality. However, those of us not familiar with the Fabius Maximus Blog, have not seen, felt or tasted the sense of doom that seems | Read More »
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