Posts Tagged ‘Economy’
Young People and the Recession
This article in Slate does a good job addressing some ideas I had wanted to write about, but haven’t really been able to frame properly. Read the whole thing, but here’s the opening:
Apprehension, with an enduring edge to it. That’s the general mood among the twentysomethings I’ve heard from during the last several weeks in [...]
Filed under: Economy | Leave a Comment
Tags: Economy, Recession
I saw this humorous comment Brad Delong’s blog earlier today
Stupidest Man Alive Contestant: Neo-Hooverite Greg Mankiw
For his suggestion on Squawk Box that we shouldn’t have the government spend too much money now b/c it will “crowd out” private investment! As though there is private investment left to crowd out!
Somebody, revoke this guy’s tenure. Take [...]
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Tags: Economy, Gregory Mankiw, Stock Market
The Washington Post says that the stock market went because the National Bureau of Economic Research says we’ve been a recession for over a year.
I know financial reporting is notoriously bad and the markets aren’t logical, but does that really seem like a logical reason for the market to do down? We already knew [...]
Filed under: United States | 3 Comments
Tags: Economy, Recession
One Less Globalization Fan Boy
I’ve always thought E.J. Dionne Jr. was one of the better columnists, recently my opinion of him has further improved. Here’s most recent column on capitalism’s present challenges.
Since the Reagan years, free-market cliches have passed for sophisticated economic analysis. But in the current crisis, these ideas are falling, one by one, as even conservatives [...]
Filed under: Politics | 1 Comment
Tags: E.J. Dionne, Economy, Global Economy, Globalization, US Economy
Here is description for this article on the Wall Street Journal Online yesterday morning
The U.S. government discarded a half-century of rules to save American financial capitalism from collapse over the past 10 days. But were the rescue moves, which put billions of dollars of taxpayer money at risk, enough?
Indeed. If there is anything we can [...]
Filed under: Politics, United States | Leave a Comment
Tags: Economy, Financial Bailouts, Financial Crisis, Wall Street, Wall Street Journal
The Whole World
Laugh and the whole world laughs with you; Weep and you Weep Alone Unless you’re a Wall Street investment bank, then it’s bailouts, interest rate cuts, and front page newspaper articles discussing how you made people “lose their confidence”.
Filed under: United States | Leave a Comment
Tags: Bearstearns, Economy, Outkast, Recession, Wall Street
Submissions Welcome
I’d like to say
1) Something profound about the federal stimulus package deal announced today. Any ideas, I’ve got nothing “profound”
2) Something devastatingly mean about Verizion deciding that transferring my account to my new apartment is a really complicated technological feat that they keep pushing back. I’ve got some ideas on this one, but I’m not [...]
Filed under: United States | Leave a Comment
Tags: Crappy Customer Service, Economy, Federal Stimulus, Verzion
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