November’s Jobs Report Is Strong, But There Are Caveats

November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

Economic Growth Over The Summer Was Quite Sluggish

Gross Domestic Product grew at a sluggish 1.5% in the just-concluded Third Quarter, calling the Federal Reserve’s apparent plan to raise interest rates at some point even further into question.

China’s Coming Collapse?

A knowledgeable observer has a dim forecast.

Innumeracy is Perfect for Entertaining

Wall Street Journal was looking hard for a story.

Rise of the Megacommuter

About 8.1 percent of U.S. workers have commutes of 60 minutes or longer and nearly 600,000 have “megacommutes” of at least 90 minutes and 50 miles.

OTB Caption Contest Winners

The Nanoo Nanoo Edition OTB Caption ContestTM is now over.

State of the Union Post Mortem

The speech did exactly what it was supposed to do: kick off Obama’s re-election campaign while disguised as a call for unity.

Bloomberg: Don’t Blame Banks for Mortgage Crisis

Did Congress cause the mortgage crisis by mandating loans to poor people? No.

Social Security Isn’t ‘Cash Negative’ – We Are

Social Security outlays are exceeding its income. Is that really a problem?

Taxing The Rich Won’t Alleviate Income Inequality

Increasing taxes on the rich may be a fiscal policy worth talking about, but it won’t make the poor richer.

Clark Clifford Republicans

Have Republicans been co-opted by the Big Government they claim to hate?

Time To Manage America’s Decline?

Is it time to just admit that the good old days are over?

Reassessing Occupy Wall Street And The 99%’ers

Some on the right are giving Occupy Wall Street and The 99%’ers a second look.

Bailing Out Underwater Mortgages

Ronald Reagan’s chief economist has a radical plan for solving the housing crisis.

Economic Crisis: What Could Government Have Done Better?

With the advantage of hindsight, it’s clear that more creative strategies were needed. But they probably couldn’t have been passed.

#OccupyWallStreet: A Protest, Or A Temper Tantrum?

The Occupy Wall Street protests look more like a temper tantrum than a substantive protest movement.

The New Normal Sucks

Economists are beginning to wonder if this very slow economic recovery isn’t permanently altering the landscape.

A Decade of Lost Freedom

Measuring our progress a decade after the 9/11 attacks

Texas and Employment

Taking an initial look into the Texas economy.

Why Businesses Aren’t Hiring, And Why The Government Can’t Do Anything About It

Any politician telling you that solving our problems will be easy is lying to you.

Yay! Debt Hits 100% of GDP and Other Good News!

Don’t worry be happy!

Lower Home Prices Aren’t Necessarily A Bad Thing

The housing market has changed over the past five years, and that’s a good thing.

Housing Prices Hit New Low, But Buyers Are Staying Away

Real Estate prices continue to fall, but where are the buyers? Maybe they’re acting sane this time.

Whatever Happened To The Housing Recovery?

Three years later, there are no signs that the real estate market is anywhere close to recovering.

Higher Education Bubble: Another Brick in the Wall?

An increasing number of bright observers are questioning the notion that everyone needs to go to college.

Are we Living in the Nightmare that Rand Predicted?

Is our current economic situation the result of massive government intervention? The Randians certainly think so.

It’s Not A Housing Bubble Anymore, And That’s A Good Thing

The U.S. housing market is a long way from the glory days of the housing bubble, and that’s a good thing.

Homebuyer Tax Credits: The Return Of A Really Bad Idea

After several months of bad housing sales, politicians in Washington are starting to talk about bringing back one of the worst public policy programs of the last two years.

Fear And The Housing Market

For many reasons, the housing market is unlikely to fully recover for the foreseeable future.

Chart Of The Day: The Housing Bubble Has Not Fully Deflated

The housing market that existed from the late 1990s until 2007/08 was an historical anomaly, and anyone expecting a return to those days is fooling themselves.

The Definition Of Insanity: Real Estate Edition

Lenders and Borrowers seem poised to make the same mistakes that brought about the last Housing Bubble all over again.

Limits of Transparency

If lawyers and MBAs don’t understand their mortgage documents, what chance do the rest of us have?

Unemployment Duration

Most research shows that unemployment benefits/insurance increases the duration of unemployment.

Ruthless Rich Dumping Mortgages

Those with million dollar plus mortgages are defaulting at almost twice the rate on those smaller loans. Are the rich more ruthless?

Unemployment Worse than 1982

Age-adjusted unemployment is at its worst in more than a quarter century

Housing as an Investment