Online Journal of Politics and Foreign Affairs
Joe Weisenthal, whose Money Game blog at Business Insider is a recommended follow by the way, passes along this of earnings in the technology sector both with and without Apple factored into the equation: Taking Apple out of the equation, the Tech Sector has actually been in decline for a year now. Of course, as [...]
David C. Levy argues college professors at teaching universities are overpaid because they don’t put in enough hours.
This chart setting forth the results of two different Washington Post/ABC News polls, one from 20o6 and one from 2012, raises some very interesting points: A few observations: In 2006, the vast majority of Democrats believed that the (Republican) Administration could do more to do reduce gas prices. In 2012, only one-third of Democrats believe [...]
Jim Yong Kim is an impressive man. But he’s got no background in banking, finance, or economics.
Apparently, the Postal Service has decided that the key to financial survival is to annoy its customers: The financially struggling U.S. Postal Service has a new plan to boost revenue, but you might find your mailbox filling up as a result — with junk mail. The agency is launching a marketing campaign to promote Every [...]
Obama has borrowed slightly more money in 3 years than Bush did in 8. Does it matter?
Can Wall Street predict the outcome of Presidential elections? Not really.
The cause of the pain you’re feeling at the pump has little to do with domestic energy policy.
So much for getting those fiscal problems in order: The U.S. budget deficit this year will be larger than projected while health-care costs aren’t growing as quickly as anticipated, according to the federal government. The budget shortfall for 2012 will be $1.2 trillion, about $93 billion more than forecast two months ago, according to the [...]
Apparently, my laundry room is a treasure trove of high value assets. YahooNews (“Tide Detergent Being Stolen From Stores Across the Country“): Tide laundry detergent is meant to be used for household cleaning purposes, but thieves are turning it into something dirty. Authorities are reporting a spike in thefts of Tide, and in some cities [...]
One Goldman Sachs employee decided to quit his job in a very public manner.
After nearly two and a half centuries, the Encyclopedia Britannica is ending its days as a print publication: After 244 years, the Encyclopaedia Britannica is going out of print. Those coolly authoritative, gold-lettered sets of reference books that were once sold door to door by a fleet of traveling salesmen and displayed as proud fixtures [...]
Rising fuel prices are starting to hurt the President in the polls, but it’s unclear what that means for November.
There’s little benefit, and much cost, to moving our clocks back and forth every six months. So why do we do it?
Megan McArdle is taking a break of unspecified length from blogging to “work on another project.” Said project, she hastens to add, is not a baby.
So I was nice and oblivious to the whole Limbaugh-Fluke controversy then I stumble upon it today and…geez. Limbaugh has managed to take a reasonable point and twist it and also come off looking like one of the biggest morons on the planet. First off, taking “the pill” is not dependent on how many sexual [...]
GM’s big gamble on the future, the Chevy Volt, isn’t yet paying off.
Romney eked out a win in the Michigan primary. He’s going to have a harder time there in November.
Rick Santorum has come up with a new theory for the economic crisis that sent the world into the worst economic downturn since the Great Depression: LANSING, Michigan—Rick Santorum sharpened his attack on President Barack Obama over rising gas prices, saying high energy prices caused the 2008 recession. “We went into a recession in 2008 [...]
The Obama Administration introduced a corporate tax reform plan that doesn’t go nearly far enough.
Prices are rising at the pump, and the candidates for President are starting to notice.
The Secretary of the Treasury is telling Congress that the United States is likely to hit the debt ceiling established by the deal Congress reached last August before the end of 2012: The U.S. economy appears to be gaining strength, but that won’t necessarily prevent another bitter showdown over raising the debt limit this year, [...]
China’s government may be more “efficient,” but it’s hardly a model for the rest of the world.
A mid-month survey from Gallup suggests that the February Jobs Report could hold some bad news for the economy, and the President: PRINCETON, NJ — The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January. The mid-month reading normally reflects what the U.S. government reports [...]
Andrew Sullivan advises, “Don’t Celebrate The Warm Winter.” He points to Matthew Kronsberg‘s essay “Why Farms Want Cold Winters.” There’s a lot going on, biologically, below the surface, much that can influence what we see on market tables for the rest of the year. And much that can go wrong if the winter is warm, as [...]
Rising prices at the pump could lead to problems at the voting booth.
We may have to deal with the debt ceiling again before the November elections.
Contrary to myth, the USA is still a major manufacturing power. But the factory has changed radically.
Pepsi’s profits and revenues are up. Naturally, it’s time to fire 3 percent of its global workforce.
Was Clint Eastwood’s Chrysler ad a political message, or just a well done commercial?
“Economic conditions are entirely different today than they were in Reagan’s era, and different conditions demand different policies. Those who say otherwise are simply engaging in cookie-cutter economics — proposing whatever was popular and seemed to work once, without regard to changing circumstances”—Bruce Barlett in a WaPo piece entitled “Why the GOP should stop invoking [...]
The January jobs report was the best we’ve seen in more than three years.
In the 1980s, Americans were bowling alone. Now, we’re living that way.
The latest projections from Congressional Budget Office are sobering to say the least.
Employees of the US Federal Government earn substantially more in salary and benefits than their private sector comparables.
The Wall Street Journal’s James Freeman explains why: Billionaire Berkshire Hathaway CEO Warren Buffett is once again thrilling the political class by volunteering other people to pay higher taxes. Long-time observers recall his opposition to former President George W. Bush’s efforts to reduce the tax rate on dividends. Since Berkshire pays no dividends, Mr. Buffett [...]
On it’s own, the so-called “Buffett Rule” is unlikely to do much to reduce the deficit.
Another weak GDP report that portends stagnation ahead.
Have Americans divided themselves into what are becoming increasingly different cultures?
The reaction to the release of Mitt Romney’s tax returns is about what you’d expect.
It’s not just low wages that have kept technology manufacturing jobs out of the United States.
