Mar 6 2009

Major Trends in Employment: College Graduates Now Facing Higher Unemployment, U-6 Rate now at 14.8%, and 4.3 million jobs lost during this Recession.

The BLS has put out its monthly employment report and the data is once again showing weakness in the U.S. employment market.  What we are now seeing is conformation that this will in fact be the deepest and longest recession since the Great Depression.  What is more troubling is in light of the multiple bailouts […]

Feb 5 2009

Government Employment and Bankrupt City: Federal and State Government were Last Secure Employment Sectors. Financial and Economic Contraction.

States across the country are facing unprecedented budget shortfalls.  A total of 44 states face budget shortfalls, which for all practical purposes puts the entire country in a uniform crisis.  The state of California is in a state of fiscal panic.  Currently the state faces a $42 billion budget deficit and the State Controller has […]

Jan 17 2009

Saving Nation: You Know you Have a Fiscal Problem When Saving Money Actually Becomes a Detriment to the Health of our Economy.

In George Orwell’s dystopian 1984, doublethink was the ability for someone to hold two mutually contradictory beliefs, and accepting them both.  We have now entered into the world when Americans actually saving money is bad for the health of our consumption economy.  War is peace.  Saving is spending.  Our Ministry of Truth is the Federal […]

Jan 10 2009

Fiscal Stimulus: Does Government Investment help the Economy. Examining the Impact of Monetary and Fiscal Stimulus.

The economic difficulties facing our country have for the first time, made the Federal Reserve and U.S. Treasury seem powerless in regards to starting the economic engine once again.  For nearly 100 years, the school of thought was that monetary policy was the driving force for everything.  If inflation was picking up, all you needed […]

Jan 9 2009

Employment Situation: 2.5 million jobs lost in 2008. 524,000 Jobs Lost in December, Unemployment Surges to 7.2%. Broader Measure of unemployment at 13.5%.

The unemployment situation continues to weaken.  The BLS reported 524,000 lost jobs in December and also revised the November numbers up to 584,000.  As we have been saying for some time, this now makes 2008 the year of worst job losses since World War II.

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