Recession »
Numberscruncher: Trickling Down and Crowding Out
Americans have always had a fairly violent reaction to taxes, but they aren't inherently evil -- and in her latest Numberscruncher, Ann Logue hits the Teabaggers with a cold splash of reality
Read More »Numberscruncher: FedEx and Economic Recovery
Ben Bernanke said that the recession is over, but what he thinks isn’t important. The more important arbiter of the business cycle, Federal Express, reported its earnings last week. Profits were down 53% from
Read More »Numberscruncher: The Poorer Americans
With pure obviousness, the U.S. Census Bureau reported that median household income in the United States fell to $50,303 in 2008, a 3.6 percent decline from 2007. Adjusted for inflation, that is the biggest
Read More »Numberscruncher: Rational Regulation
The health-care crisis and the financial crisis have a problem in common, which is how the government can regulate those markets to make things better, not worse.Read More »Numberscruncher: What Goes Around
For the month of May, the unemployment rate clocked in at 9.4%, the highest level since the early 1980s. It felt like old times. I grew upRead More »It’s Payday!
Do you deserve a raise? Of course you do. Everyone thinks that he or she is underpaid. That’s just the nature of the working world. Teachers think that they are underpaid; AIG employees who
Read More »