Paul Krugman: Over the whole of the Clinton administration, the economy added 22.7 million jobs – 237,000 per month. Over the whole of the Bush administration to date, the economy... [More]
October 6, 2007
October 12, 2007
Sub-Prime Fallout Coming...Better Duck!
FP Passport has an interesting update on the sub-prime mortgage mess. Two parts worth passing along: There is a widely held belief in the United States that the fallout from... [More]
CATO Bait-And-Switch
More nonsense from CATO, this time thanks to the NYT. From the very same article linked to at the end of my last post on our disappearing middle class, the... [More]
October 24, 2007
Today's Housing Sector News
Two stories. Both bad. Very bad. AP: Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry... [More]
October 30, 2007
Consumer Confidence Plummets
The NYT, in words: Home prices dropped again in August and consumer confidence remained at the lowest level in two years, reinforcing investors’ bleak expectations for the economy, a new... [More]
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